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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (62145)	12/19/2002 5:05:22 PM
From: The Freep	Read Replies (3) \| Respond to of 209892

<<He was spot on today.>> Hmm... Pheonix pointed out that the turn down came earlier than Merlin expected, so if one tried to trade via Merlin's map, it didn't really work. You'd've had to guess, which kinda defeats the purpose. Also, the turn down was sharp... but then turned meandering, as opposed to the sharpness Merlin expected. Worst of all, we turned up and didn't close on the lows... leading one to wonder if the turn up forecast for tomorrow has already started, as the shape of the day might imply we're about 1-2 hours early on everything, including that elusive turn. So, if you wait til tomorrow to catch the move, per Merlin, but it started today... you lose out. So how did you (or anyone) use Merlin to help you today? I am serious. I don't deny his "shape and turns" forecast has been excellent this week (as it has been at times in the past), but I still cannot understand how one would use it, due to the issues I mention above. FWIW, I had a cycle date today to, on a 52 day cycle that has worked pretty well for the NDX in specific. That said, it was a pretty unsatisfying bottom to me, so I'm dubious. the freep