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Clyde posted this weekly snp chart on another list
and perhaps was hesitant about posting on RT. What I would like to
point out is that his swingmachine code from which many of his indicators are
based on also contains a pattern identification. On his weekly snp chart
the last two low swings have been pattern ID=0. The last one is a
#6. A "0" is a bottoming ID and a "9" is a topping ID. A "6" appears
to be a corrective or consolidative ID. It would be interesting to see a
system/strategy that trades off of the pattern ID's. For example since the
SP has been generating some "0" Id's the next trade might be a buy above a
recent swing high. Or if the ID's were "9's" then a short below recent
swing low might have higher odds of success.
bobr
----- Original Message -----
From: <A
title=clydelee@xxxxxxxxxx href="mailto:clydelee@xxxxxxxxxx";>Clyde Lee
To: <A title=swingmachine@xxxxxxxxxxxxxxx
href="mailto:swingmachine@xxxxxxxxxxxxxxx";>Swingmachine-List
Sent: Sunday, April 07, 2002 3:04 PM
Subject: [SM] Weekly S&P
Well, we will see.
- - - - - - - - - - - - - - - - - - - - - - -
- - - - -Clyde Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - -
- - - - - - - - - - - - - - - - - - - - - - -
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Attachment:
Description: "pattern ID.gif"
Attachment:
Description: "junk4.gif"
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