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Hi Rodney,
As an engineer of over 20 years, I completely understand the 3 point
requirement, as well as what my 2 point method does. Without explicitly
revealing my findings, I'm afraid I cannot address the "apparant" lack of a
third point. The only thng I will say is I am working in a different data
dimension which provides significant parabolic market clues.
In regards to the 5 point curve, I may not have made myself explicitly
clear. Using my "two point" technique, a curve is defined. Selecting any
two points on that curve, defines the exact curve using my formula. I know
it sounds odd, but that's all I can add without compromising the trade
secret. It's mathematically sound as a rock. Take 2 points which define a
straight line. Bend that line with a formula that "implies" the third
parabolic point to form a curve. The formula does not change from market to
market, the definition of the two pivot points within a given market does.
HiTech Analytics, LLC
Brian K. Lee
President
www.hitech-analytics.com
----- Original Message -----
From: "J. Rodney Grisham" <grisham@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, August 21, 2001 10:14 AM
Subject: Re: [RT] 10 Year T-Notes
> Don Thompson wrote:
>
> > I think I understand what you are saying.
> > The geometry you have discovered is pretty unique.
> > Don
>
> This mathematician does not understand. It takes 3 points and only
> 3 points to uniquely define any fully general quadratic curve:
> parabola, ellipse (circle is a special ellipse), and hyperbola.
> If choosing any two points on (not close to) one parabola (or
> ellipse) allows you to calculate exactly the same curve, then you
> have made (perhaps unwittingly) another implicit assumption.
> Glancing at the two examples with URLs given below, maybe that
> assumption is that the parabolas are symmetric with respect to
> a vertical line.
>
> Also note that you cannot choose 5 arbitrary points and have a
> parabola "hit" them. You can do a least squares (or other) fit
> to 5 points and calculate a best fit parabola which comes close
> to the 5 points, but not an exact "hit" in the general case.
>
> Rod
>
>
> > ----- Original Message -----
> > From: "BL" <blee7@xxxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, August 21, 2001 12:06 AM
> > Subject: Re: [RT] 10 Year T-Notes
> >
> > > Don,
> > >
> > > One quick observation shows that the Excel curve produces a different
> > shape
> > > if two different points on a previously defined Excel curve are
selected.
> > > The method I use produces the exact same curve no matter where the two
> > > points on the curve are selected. In other words, if my defined curve
hits
> > 5
> > > different pivot points, any combination of the 2 of the 5 total pivot
> > points
> > > produces the exact same support/resistance curve.- Brian
> > >
> > > ----- Original Message -----
> > > From: "Don Thompson" <detomps@xxxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Monday, August 20, 2001 10:30 PM
> > > Subject: Re: [RT] 10 Year T-Notes
> > >
> > >
> > > > Brian,
> > > > Have you tried to lay up an ellipse on those same charts? Using a
curve
> > > > fitted ellipse might give you a support and a resistanc for
> > > > a given swing. and since the geometry is as in the past the future,
the
> > > > swing low to high ellipse will be related by some kind of
geometrical
> > > > propotion. Excell has an ellipse function that you can just overlay
> > over
> > > > your parabola. Which by the way is a neat idea.
> > > >
> > > > Don Thompson
> > > > ----- Original Message -----
> > > > From: "BL" <blee7@xxxxxxxxxxxxxx>
> > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > Sent: Monday, August 20, 2001 11:18 PM
> > > > Subject: [RT] 10 Year T-Notes
> > > >
> > > >
> > > > > These two charts represent non-linear support and resistance of
> > 10-Year
> > > > > T-Notes Futures. Please allow some additional time to load the
.pdf
> > > > files.
> > > > > Both curves use the same proprietary formula defined by two pivot
> > > points.
> > > > > It appears 105 apprears to be the current "line-in-the-sand"
support
> > > > level.
> > > > >
> > > > > http://www.hitech-analytics.com/10yr_t_notes_resistance.pdf
> > > > >
> > > > > http://www.hitech-analytics.com/10yr_t_notes_support.pdf
> > > > >
> > > > > - Brian
>
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