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To: NOW who wrote (60815)12/4/2002 2:11:57 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
The theory part refers to how he gets his measurements. I believe he takes the middle of the consolidation and either the low it's consolidating above or the high it's consolidating below, figures the points, then "by theory" figures the measured move OUT of the consolidation.

How unclear was that? Just look in his archives and I'm sure you'll find a recap that gives and example.

the freep