Replies to post #43 on A.I.M. Users Bulletin Board (AIMUSERS)

[OldAIMGuy]

Hi Rien, Thanks, I didn't see where to set them up before. I'll have to review some of my existing holdings to see if I can devine something from these new Tea leaves!

Best regards, Tom

[OldAIMGuy]

Ho Rien, I think I'm catching on. Don Carlson has been preaching to me about ZigZags for a long time, but I thought he was talking about "roll your own" papers. :-)

Okay, so here's Stake Tech., the stock who's graph I showed before.
http://stockcharts.com/def/servlet/SC.web?c=STKL,uu[h,a]wahlyyay[df][pg35][vc60][iLk]&pref=G
I set the graph for three years (my normal viewing period), set it for "Weekly" and set the "RETRACE Zig Zag" to 35%.


against my own history of AIM trades:


and the equity/cash stacked bar graph:


I think a light is coming on in the back of my head in some dim corner! Note I've also included the Williams%R graph for comparison. In general it's done a pretty good job of confirmation of Buy and Sell periods.

Best regards, Tom