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Strategies & Market Trends : today's chart

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To: The Perfect Hedge who wrote (693)10/11/1997 8:02:00 PM
From: Richard Estes   of 1267
 
It doesn't have anything on EVI since july. I don't know why. The problem with using a CCI(13) is wherever it agrees with your trading perspective. you are dealing with a 5-7 day cycle usually. Once a stock goes over 200 there are usually only 2-3 left before a basing action or pullback. Now if you thought the stock was headed towards 90 then using cci(13) would trade you in and out as it moves thru the cycle (look at the past on stock). Is this what you want? If you want to stay longer, try MACD(13,34,89)with 0 trigger. It is one of those stocks that makes you say "Where was I in may 95?". Or even sept 96.
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