LOST MOTION IN SPACE
, ~) a' R8 d! C D YIt is a well known fact in mechanics that it is impossible to make any kind of a machine that
* g% R! \( s$ Y- ~+ O# S: |8 l' Hwill run without lost motion. Markets have a period of lost motion which amounts to between
5 \0 K* v! V$ B2 and 2½ cents, which is taking up the slack. In other words, they will exceed the angle or the
4 y( i9 }( }' h( z$ T% [; |main center at extreme points by 2 to 2½ cents; if they make 3 cents beyond the angle they: y7 w: v! l7 K# c& w4 z) {
will go higher or lower.% n" r" c& m. T9 k/ A6 U- [
When markets become extremely dull at low levels thru lack of buying power, which is the
: R; q! |1 d# Z; E) {same as lack of energy, they may fail to reach extreme points indicated, which would be an3 o* v/ z3 ]9 P9 R0 c9 q+ G8 t1 t( Q
indication of strength. The same would apply if they failed to reach main centers, showing
) j3 R5 @( B9 G) e9 Dweakness.5 V( [( X) ^+ }
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LOST MOTION IN TIME; I- {, D1 n6 [
There is no such thing as slow motion in , but there is a transition period which amounts
# T4 Y: ^$ y/ }4 Wto the same thing as lost motion in space movements. This varies according to the major and
, H4 R: z" X+ _ a( V9 wminor cycles from 1 to 3 cents above tops or bottoms, Geometrical angles or price resistance6 a8 Q" Q. o, \) A7 u3 g
levels.7 h4 H& a3 D d, v) v. v
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+ t# F# T8 k2 ?* t7 R5 R- P( ~期货教程第7章, I3 N! h! ~+ `# t. ~, }
0 @" s1 H) R; y1 h3 ^# o/ f[ 本帖最后由 青争 于 2010-10-21 22:46 编辑 ] |