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Walter,
Thanks very much for taking the time to answer my question. I plan to get
that magazine & read it.
(as part of my continuing education). I used to day-trade Commodities 20
years ago, but got out of it
when I moved to Florida. There is a lot of new terminology now--I love it.
Thanks again,
Dan
Dan Long
8035 Tokyo Pt.
Dunnellon, FL 34433
e-mail: ad4hw@xxxxxxxxxxxxxxx
phone: 352-563-0934
-----Original Message-----
From: Walter Lake <wlake@xxxxxxxxx>
To: metastock bulletin board <metastock@xxxxxxxxxxxxx>
Date: Tuesday, September 29, 1998 10:44 PM
Subject: Shark-32 (2xID)
>Hi Dan
>
>You wrote ... "Can you please tell me the name of the book and/or magazine
>article that discuss the shark-32 formation."
>
>I wrote ... "Mr. Downs' article in the October issue of TASC about "Shark -
>32" ... TASC stands for the magazine "Technical Analysis of Stocks and
>Commodities". It should be available at your news stand or magazine store.
>It seems to be everywhere here in Canada.
>
>To the others that wrote to me privately. I find that the double inside day
>(2xID) pattern is similiar to the "reverse" pattern, i.e., the double key
>reversal pattern (2xDK). There are several significant variations,
including
>a gap version which emphasizes the volatility aspect. Most have a "fourth"
>day associated with them.
>
>The 2xDK pattern usually has "criteria" associated with it, is normally
>"good" for 3 days at the most, and is not meant to be a "stand alone"
>indicator but requires a secondary signal with the 3 days.
>
>Mr. Downs article is most significant to me because of the statistical
>analysis.
>
>... will write later.
>
>Walter
>
>
>
>
>
>
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