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To: ViperChick Secret Agent 006.9 who wrote (9877)12/1/1997 6:35:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 17305
 
Swing Theory works about as well as anything else, I suppose. Personally, it's just another system to bounce my own ideas off of.

For example, If I, personally, see everything moving down but my own backup methods like 3 bar breaks, ADX and other wacky stuff combined with most of the stuff I get from others says everything is going to move up I seriously consider taking the day off!!!

Anyway, Clyde followed up that e-mail (that you should have received by now) with this;

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I forgot that some of you might like to see the exact logic equations used in establishing the pattern classifications.

For those that do the following is taken from the program logic.

Maybe a look at the logic equations for the patterns will help us to see the relative postions of prices in each pattern. I'm sure that most everyone is familiar with the < and > symbols but just in case:

< means that whatever is on the left of the < is less than whatever is on the right of the < .

> means that whatever is on the left of the < is greater than whatever is on the right of the > .

(i.e. C < A means the price at turning point C must be less than
the price at turning point A).

PTRN# C : A D : B D : A B : A

0 C < A D < B D < A B < A
1 C < A D > B D < A B < A
2 C > A D > B D < A B < A
3 C > A D < B D < A B < A
4 C > A D > B D > A B < A

5 C < A D < B D < A B > A
6 C > A D < B D > A B > A
7 C < A D < B D > A B > A
8 C < A D > B D > A B > A
9 C > A D > B D > A B > A

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I don't know if this helps or further confuses....it's his system, not mine. I cannot explain it ----like I said, I just use it as a touchstone.



To: ViperChick Secret Agent 006.9 who wrote (9877)12/1/1997 7:21:00 PM
From: Patrick Slevin  Respond to of 17305
 
Is Nemer's Network working well? I'll have to track it. (Great, another touchstone! Just what I needed.) <e>