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Seems like entry but no exits in Shark. maybe standard CCI(13) with 200
and -150 triggers.
Richard Estes
-----Original Message-----
From: Brookemail@xxxxxxx <Brookemail@xxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Saturday, September 26, 1998 9:53 PM
Subject: Re: Yahoo - Intel May Take Stake In Micron Technology Inc., Reports
CMP's Elect
>In a message dated 9/26/98 5:38:11 PM Pacific Daylight Time,
anthmaas@xxxxxx
>writes:
>
>> Second, referering to your chart, the "Shark pattern signal"s in 1996 and
>> early 1998,
>> were they buy or sell?
>
>A.J. Maas: The shark pattern signals, in the third window in the chart I
sent,
>were really just alerts showing that the shark pattern had occurred on
those
>days. The shark system is based on the close rising above levels set when
the
>shark pattern occurs. The levels are set by the high and low in the shark
>pattern, and the close must break through them within 25 days of the
signal.
>The shark pattern, in other words, isn't a buy or sell signal.
>
>The buy signals were shown in the second window of the chart I sent. The
>window is labeled "Shark buy signal." Also, the signals are marked by green
>arrows over the price plot in the first window of the chart.
>
>I didn't include sell signals in the chart I sent earlier today. In the
case
>of MU, the sell signals weren't very good, to be honest.
>
>I've attached a chart showing the buy and sell signals (bad as they are).
>
>Brooke
>
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