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

To: Jerry Olson who wrote (71176)	4/11/2003 11:02:14 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 209892

Hi OJ, Sell Wiggles still in place Price needs to close above the close of the second day to invalidate the read. That'd be 8299-8301 or 878-880 cash About 85% of wiggle formations produce follow through..... When they get broken the move against them is usually strong Yes, the last buy was over-ridden. First comes impelled motion, then momentum, and then a price bar shows up. Bars are actually the last part of a signal...! Oh yes, then there's volume which is way after the fact, just a confirming indicator.... not useful for day trading futures (or stocks) IMO. Chip