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kgoodrich

12/07/05 6:07 AM

#4156 RE: fb186 #4141

Morning FB186
I only have a few seconds to anwser one question and will tackle the other when I get home from work tonight. I am glad you like learning this. If you love what you're doing it will work out for you.

Yes, you can have Money Mountain before the williams moves. You can have Money Mountain and Magic Box before the williams moves. It is just a fantastic confirmation when it does. You want to buy with some level of confidence. We're working on making it easy as we can here. Stick with us. We can only make it better. (\0/)
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kgoodrich

12/07/05 6:57 AM

#4157 RE: fb186 #4141

FB186
Here is the answer to the second question about the lower bollinger band. You have to ask yourself, "When has a stock really bottomed out?" That lower bollinger band is helpful in this. The stock may close at, just above or just below the lower bollinger band and still you would need the white candlestick the next day. You are concerning yourself with the aroon down at this point FB186. The aroon down will hug the 100.00 the longer it drops and maybe for a while longer even after it drops to 87.50, 75.00, 67.50 and so on. We have many Magic Box setups, too. One setup is the lower bollinger band as in the example, the next is floating where it is just above the lower bollinger band, but below the median. Next is one off of the median that I call supported and finally comes a rising Magic Box which is above the median line but below the upper bollinger band. Expand your thinking of this setup and you'll make much more money. Just learn that aroon down to do that. Follow the trend. (\0/)