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

To: Warthog who wrote (19986)	7/30/1998 2:48:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79270

Collin, Nice work on the scan. I think one concern is how to identify the significant peaks in the indicator to use in real time. Two factors that are common (as you'll recall from the seminar) is that an uptrend in the indicator begins and is followed by an acceleration in the uptrend or there is a double bottom in the indicator prior to the trend break . It seems the significant lower peak to use is established in close proximity to the double bottom or the first sign of the indicator uptrend. You may want to incorporate double bottoms and initial uptrend identification in the scan. Just what you need right? A whole bunch more complicated stuff to work on. Doug R