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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (9771)	3/6/1999 1:14:00 AM
From: Michael Watkins	Read Replies (1) \| Respond to of 12039

I read somewhere that ranging stocks in an uptrend often follow a 3, 5 or 8 day reversal pattern. And sure enough, it seems many do. I know that 3 black bars down is something I dont want to see! unless reversal begins next day. Seems like paying attention to Gann and Fibonnaci makes sense. You sure your not a subliminal salesperson for GET? :) Thanks for reminding me to think of this.

To: Richard Estes who wrote (9771)	3/6/1999 1:32:00 AM
From: Judy	Read Replies (2) \| Respond to of 12039

Richard, Thanks for your comments. In the months of lurking, Dave and your words, along with a few others, have been heeded and much thought about. Looking forward to checking out the gap up and CCI > 200 during the snow storm and seeing if my charting software can do the cycle lines. The threads discussions of Gann has me curious. Would you please recommend a beginning Gann book? Just went through all mine last weekend and the few pages I found were not clear at all for someone who has no concept..although I do believe I can now see the 5 leg up with the 3rd being the irregular one. (Hope I got that right.) This thread has been my mentor - thanks to all! MSwin is in the future as it has yet to be earned..upgrade to computer came first. Am using TC2000V4 and WOW Deluxe Investor. Started a trial on IQChart a few weeks ago. In retrospect, I now believe seeing the 1/5/15 minute and trying to figuring my indicators new relationship contributed to the confused state I felt I was in last week. Backed off to a comfortable time frame and things are back on track. Just downloaded Browsemaster to go back and reread this thread. Like all good books, it should be read twice <G> Again, thanks to all, Judy

To: Richard Estes who wrote (9771)	3/6/1999 8:43:00 AM
From: CatLady	Read Replies (1) \| Respond to of 12039

Richard, Re: "A stock that gaps and closes higher or usually exceeds 200 on standard CCI(13). This may give one a 1-3 day trade before turndown." I'm missing your point. Could you please expand a little? I took a quick look at a number of stocks, mostly volatile tech stocks. When a gap up is accompanied by a spike above 200 in CCI, it looks like, as often as not, the stock then trends down or sideways for 3 - 5 days. But, sometimes, there's a good move still higher. Thanks.