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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (11444)12/31/1998 1:17:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 44573
 
The most recent fork posted here by Frank Skepton shows that after prices touched the upper tine, prices failed to touch the middle tine during the subsequent sell off. Then prices returned to the upper tine once again. This is a bullish pattern and largely why I'm buying in advance of the a/d turning positive.

When the a/d finally turns positive (probably within days), the rally will be about 25% completed, based on past performance under these conditions. This means that when the a/d cumulative turns positive, a measured move can then be calculated to a projected upper target.

Did you get all that?

GZ