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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (31265)7/25/1999 5:55:00 PM
From: wmwmw  Read Replies (1) of 79230
 
<Now you seem to be trying to make lemonade out of oranges because you don't get why lemons are yellow or something.>

Because you never tell it is an orange. You never let outsiders really understand what is your model all about.

< It's when the price is OVER the IL not AT the IL. OF COURSE you initiate the position AFTER the event.>

After the event, at what price? Your model doesn't tell. I have to decide by myself. If I didn't short it at $199 1/8 but instead at $125, that was not your model's fault, but my own fault.
Your model only tells if it violate IL, it may go down to some level. It should also tell the stock may also continue going up much higher.
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