Once activity can be distinguished by the timeframe of the participant who is active/inactive, known areas of operation and characteristics of the various timeframe groups can be distinguished. In other words, a sound framework for reading and analyzing the market will allow any individual to be able to isolate each of the kinds or categories of participant by their timeframe, thereby being able to distinguish type of market activity and to attribute conditions of the market to the proper participants, thus reading the market and understanding it. Such a framework employs normal distribution, the bell curve, a tool which arranges and organizes data, presenting it in a readable format. Arranging market activity in such a way is straightforward. The length of time being studied is broken up into equal time units, each distinguished by a letter of the alphabet starting with A. Thus, price is the vertical axis and time the horizontal axis.A Logical Framework for Observing Market Behavio