BS"D

Indeed it was, Erich. One drawback though:

Due to the violent Price Swing during the last hour of the day, the EOD Hiccup can be quite
dangerous/expensive to those caught wrong-footed. Risk-conservative PMT trading rules
therefore forbid entry after 3:10. Necessarily, this Risk/Money Management rule, frequently
forces us to let exciting (read: profitable) EOD Hiccup moves go by. Thursday, for example,
we were once again left painfully on the sidelines for a monster move.

Reviewing and analyzing charts for a number of years, we have observed a
set of very consistent EOD Hiccup characteristics:

* The timing of the EOD Hiccup is quite predictable.

* During the last hour of the day, with traders off-loading
positions at the end of the day, trading Volume is usually
very strong. This provides the impetus for a healthy move to
complete within a small Time Window.

* The EOD Hiccup tapes a very distinct "V", a checkmark shaped
pattern, describing first the set up, and then the move itself.

For some time now I have felt certain that by applying these recurring characteristics it must
be possible to develop a reliable method (in terms of Risk:Reward) for PMTers to combine and
capitalize on our observations. Well, I'm glad to announce that back testing has confirmed
some surprisingly consistent and satisfactory techniques. A bit more paper trading to work out
the kinks (as we all know, real-time and back testing don't always yield the same results!) and
I hopefully will be ready to add a vibrant new section to the Pivot Magic Trading coursebooks!
Sure hope it won't require a complete rewrite - a most exhausting endeavor.

All the best,
Asher
=] ;-)>