redback report. 11/6/2010, page-8

Hi ASXSTOCKTRADER,

You're way ahead of me - and so is Wink. :) I'm just an old duffer - I'm like an old carpenter who still uses hand tools and none of this new-fangled power stuff.

On a more serious note. What you've done is quite fascinating. When I talked about those charts leading the market - it was only in a general sense and with some lead times - to be used as background material against which other shorter term more specific material could be foregrounded.

I never thought of them as being used as specific timing devices. But from what you've said, it seems that they can be - if one has the necessary skills to use them - which you seem to have.

Wonderful stuff.

Cheers
Redb