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David,
Yes I create and save a separate P&F chart on each security of my
"Watchlist" folder which I find very useful for determining support and
resistance levels especially when the bar chart is unclear.
The previous message I sent has todays chart of the All Ordinaries with the
signal for the Shark pattern and attached are 2 html files with further
info.
This should help.
Regards,
Ian Burgoyne
>From: "David L. Stewart" <phred@xxxxxxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: <metastock@xxxxxxxxxxxxx>
>Subject: Re: Shark-32 Pattern
>Date: Mon, 11 Oct 1999 20:23:48 +0800
>
>G'day Ian,
>Interesting to note the pattern you describe. I am not familiar with it.
>However I have been following a similar right Triangle pattern in a Point &
>Figure chart (using a 20 box reversal), for the past few weeks. Which
>subsequently broke downwards, which was fairly easy to predict.
>Do you follow P & F charting at all?
>
>David Stewart
>Perth.
>
>----- Original Message -----
>From: Ian Burgoyne <iburgy@xxxxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Tuesday, October 12, 1999 1:57 AM
>Subject: Shark-32 Pattern
>
>
> > Anyone who is trading the Australian market may be interested to know a
> > Shark-32 pattern (TASC OCT'98 p44 by Walter Downs) was formed late last
>week
> > in the All Ordinaries Index (XAO) as part of a symmetrical triangle
>pattern
> > (see chart) but no signal of a breakout has been given yet.
> >
> > Ian Burgoyne
> > Melbourne
> >
> > ______________________________________________________
> > Get Your Private, Free Email at http://www.hotmail.com
>
>
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Attachment Converted: "c:\eudora\attach\TASCshark32.htm"
Attachment Converted: "c:\eudora\attach\EquisShark-32.htm"
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