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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: ivan solotaroff who wrote (15466)4/25/1998 4:31:00 PM
From: Doug R  Read Replies (1) | Respond to of 79460
 
Ivan,

The reason I knew where the MEEP is, is because I know what a MEEP is. And yes, I've been watching MEEP's out of the corner of my eye and I believe them to be both valid and useful.

Also, it's an inverted form of one of the methods I have always used for short term price projection all along. ;-) It's what I used for the one day target on FAXX that I gave to Michael L.

Doug R



To: ivan solotaroff who wrote (15466)4/25/1998 4:45:00 PM
From: Doug R  Read Replies (3) | Respond to of 79460
 
Ivan,

AGP from the MEEP perspective.

Let's call the MEEP line set up previous to the first gap down MEEP1.
The MEEP line set up previous to the 2nd gap down MEEP2

On the day of the 2nd gap down, the bottom was right on MEEP1
Friday's low is right on MEEP2. Friday is a signal day and a MEEP.

I like it.

Any questions?

Doug R
PS; With a MEEP1 and a MEEP2 running around, it's probably time for a visit from Da Cat in Da Hat.


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