To: ViperChick Secret Agent 006.9 who wrote (49029 ) 8/3/1998 7:39:00 AM From: TraderAlan Read Replies (2) | Respond to of 58727
Lisa, I'm real sensitive to the hawking aspect. I used to be on the staff of the Investors Forum when CompuServe was alive and well. We went out of our way to keep it non commercial. That said, as you probably noticed, The Hard Right Edge never sold anything (except providing a link to AMZN books) nor contained any commercials. The affiliation with the new site makes things more delicate. There will be a new 12-14 page free module there on Pattern Analysis in 2-3 weeks. But that will be to whet the appetite, so to speak. It's my intention to work through TA and trading ideas in a forum like SI so I can take my beating BEFORE I put those thoughts into formal print. My concepts on Time are clearer than they were when I wrote the series late last year. It's also more obvious to me time events respond differently to the overall phase of the market. One example is afternoon and last hour rallies during strong bull phases (guess we won't see those for awhile <g>). Also, I'm thinking through possible "sub phases" within each 90 minute cycle. To review, general time cycles are: 9 10:30a - trend initiation impulse (1st 1/2 hr includes opening spreads, fx activity and opening news) 10:30 - 12p test and reinforcement/reversal of trend 12 1:30p - 2nd impulse 1:30 - 3p -test and reinforcement/reversal of 2nd impulse 3P 4:30p 3rd impulse (last 1/2 hr includes post market trades and closing news) Now Im wondering about 3 general sub phases within each. The middle periods of each would correspond to 9:30-10, 11-11:30, 12:30-1, 2-2:30 and 3:30-4. As you'll note these segments correspond with the most important "battles" of the day. The 2 2:30p one throws me more than the others as that time is a bit more of a mystery. It seems to culminate in the "famous" 2:30p SELL which has implications when it doesn't show up. Alan