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To: The Jedi who wrote (32985)	1/13/1998 8:11:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Kiri, I have stated in the past on several occassions that most systems are based on support/resistance lines. When the price breaks a support by a certain amount it triggers a sell signal, and vice versa. My buy signals are not based on price to produce the actual buy signal, not at all. I do use price only as target, but it is not used to produce the actual signal. If you have been watching my CLASS 1 BUYS, I normally say that the BUY-IN is the low of the day. So my buy signal is for a specific day, not price. Mathematically it can be argued that price is the actual criteria of the technicals, which it is. Once I get my buy-in signal from the technicals telling me to buy on a specific day, not price, I normally use a combination of my intraday wave system, I developed, and support lines to determine the actual buy-in price. Thats the only time I use price. I don't follow VIX nor Put/call ratio so I cannot comment on your technicals or your system; in fact I do not even know what VIX is. Per the technicals on my system it was a very strong reversal. Not to sound pompous, but I am not aware of anyone else who has a system exactly like mine, so it is very likely that we are dealing with totally different parameters and environment. So what you may consider weak, I may consider strong and vice versa. I did mention that the reversal was actually 200 points, but I did that for those not familiar with my system, since everyone would not understand if I said I got a reading of 9.77 on my guitar calculation. I hope I explained it clearly Seeya