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To: CatLady who wrote (1215)	10/22/1998 9:43:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 1267

never said it was accurate, I don't use them. the 3 points are usually an intermediate high or low. say about 4-6 weeks from start to finsh. Pivot points to me require 3 days of higher highs from a low and 3 lower lows for a high.

To: CatLady who wrote (1215)	10/23/1998 9:20:00 AM
From: MechanicalMethod	Read Replies (1) \| Respond to of 1267

CatLady, I believe the regression I calculated for ABTE is a valid starting point. It back tests extremely well on a rather unusual pivot, the 8/31 low, which isn't technically a pivot but Claud tells me that time frames often compliment one another so perhaps thats a valid channel line. It looks like it ran above the channel on 9/11 and 9/14, while maintaining the channel top while price was below it. It tests nicely here from the 9/1 Low and the run from 10/8 to 10/19 which is where I stumbled onto it by dumb luck and a quick eye, but I'd be interested in hearing how you and others, particularly Claud, see it. When and if abte runs it could see 5.62 in a NY second, but expect it might hesitate there while it revists the channel line from the 9/1 Low. Osci