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kgoodrich

08/24/06 12:45 PM

#7293 RE: starfire #7291

You're right about the second one.
The first one was around July 28th or so. All that needs to happen is the upper bollinger band needs to break the line from the median across. If you're watching a stock falling and you see that first confirmed Magic Box, just draw a mental line above where the williams crossed above the -50% line because to do that the aroon down will be dropping, then where it crosses the median line directly above it draw another side to side. You will hope the upper bollinger band has already dropped, but if not you desperately want to see it soon. You'll find mypointz that the upper bollinger band can drop even while the stock is rising. That is good news. hehe