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At 05:17 PM 12/13/2000 -0500, you wrote:
> >
> > Not even a look-alike!
> >
> > See my attached chart.
> >
> > Why is your move (ellipse in center)
> > thrust, when a similar move on the left covered
> > the same price-change with fewer bars (ellipse
> > to the left).
>
>Because I'm thick-headed. :-) I guess I've looked for the general shape of
>a B&B without concentrating on the most important aspect. Thrust, I believe
>you call it. I guess I used this example because the MACD looked sorta
>right.
Yes, the MACD did look better than many other charts.
> >
> > Look at the ellipse to the right, now that is
> > more like thrust! Better, not ideal, but quite good.
> > Look at the B&B on the right.
>
>
>Those are very nice ellipses. I don't have any.
Haha, take a walk down to the local ellipse shop..
> > If you want reliable trades, look for thrust!
>
>I'm learning. Thanks again. I appreciate your patience.
>
>Does the book relate the thrust to MACD? I know it talks about steep
>crosses.
Steep crosses are mentioned for sure. It just happens that MACD
will be looking very aggressive during thrust. The Osc-Predictor
too..
-Neal.
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