Re: [RT] MarketProfile??--attn BobR

["BobR" <bobrabcd@xxxxxxxxxxxxx>]

Another thought on this style of trading comes from 
the Midpoint and GOsc code that uses the intraday high, low, and Gann and Fib 
divisions.  I watch this stuff every day and believe that the "poor man's 
profile" is just as good and possibly better than the activity bars and market 
profile.  The dynamic midpoint and dynamic 1/3 and 2/3 levels create 
channels that price will trade off of and within.  Attached is an example 
of the Midpoint code working the channels and 0.333 and 0.666 dynamic 
boundaries.  Code for TS4 and TS2k is at Tim Morge's site. 
w.medianline.com.
 
bobr
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Clyde Lee 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Friday, August 31, 2001 7:01 
  AM
  Subject: [RT] MarketProfile??--attn 
  BobR
  
  Bob, some interpretation help 
  please.
   
  Over the past few days it appears that 
  when the SPX.X opened
  below the major activity area of the 
  prior day that we had
  a down day.
   
  Can you say if this is generally true or 
  just true since we
  have been in a rather sharp short 
  downtrend.
   
  Clyde
   
   
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