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


To: bdog who wrote (18946)7/2/1998 8:40:00 AM
From: ivan solotaroff  Read Replies (1) | Respond to of 79371
 
Bdog

If "a MEEP [MegaEarlyEntryPoint] is a retest of the break above a short term downtrend"--(from "Quotations of Chairman Doug"), then a PEEP [PrettyEarlyEntryPoint] is a retest of the next short-term downtrend, while a SLEEP [SomewhatLessEarlyEntryPoint] is a retest of the next downtrend. But bear in mind two things:
1) All lines are drawn from the same top, so that your chart should essentially look like it's been doodled on with a compass by a third-grader.
2) If you PEEP while you SLEEP, make sure to change the SHEET.

Ivan