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Re: billkat post# 1725

Saturday, 08/06/2005 7:03:03 PM

Saturday, August 06, 2005 7:03:03 PM

Post# of 24326
Hi billkat
Last post today. First, take your blue lines and draw down from July 6th and from July 21st. Both lines should cross through the aroon down 87.50. that takes care of the sides of your Fairy Square.

Next, go to the aroon down 87.50 and draw a line side to side until there is a bottom line touching both aroon downs at 87.50. That forms your bottom. Lastly, to seal off the Fairy Square go to the first Magic Box, which happened to be a floating box July 6th and draw a line side to side from where the blue line crosses the median line to the other blue line on July 21st. The median line is the key here. Your line must begin atop the median line above the first Magic Box and finish above the last one. What you wish to see, billkat, is the upper bollinger band piercing into the Fairy square, foretelling hopefully that the trend will now start because enough of the drop has occurred.

I would love to see what you come up with. Keep the first one simple, billkat, don't draw any circles around the Magic Box, we are concentrating only on the Fairy Square. A simple perfect square between two long blue lines. Watch the upper bollinger band. This happens so often you would not believe it.

Next, the Knight's Crossing. This is fun. Good luck kind sir.





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