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Tim,
These are rough numbers he gave out a while back in an effort to put a price
to the timing curve he puts out. They were 26,36,55 and 74 points from a
pivot (high or low.
Example a while back we hit a 1315 low and then rallied. 1315 +26 points
equaled a 1341 target (as well as 1315+36 = 1351, and so on). Prices stopped
at 1342. Just areas to watch that MAY hold. At the extreme he allows a 6 h
slippage, which we exceeded today so a possible negative (meaning the market
may not be acting "normal").
don ewers
----- Original Message -----
From: "Timothy Morge" <tmorge@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, February 21, 2001 2:03 PM
Subject: Re: [RT] S&P bottom?
> Don:
>
> Can you refresh my memory about how you use time factor points? Or point
me
> to something to read? I am having a craving to learn more about how folks
> use time in their trading.
>
> Thanks.
>
> Tim Morge
>
>
>
> At 01:56 PM 2/21/01 -0600, you wrote:
> >
> >Lastly 1342.00 the last pivot high less 74 "Time Factor points" = 1268 (I
> >have mentioned him before).
> >
> >Soooo... lets see if we have a bottom for a wave 4 rally perhaps?
> >don ewers
>
>
>
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