Drillbits & Bottlerockets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Drillbits & Bottlerockets

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rich1 who wrote (4085)	2/21/2001 9:54:29 PM
From: Atin	Read Replies (1) of 15481

stockcharts.com stockcharts.com stockcharts.com Basically you fade breakouts (sell the first reversal?) to the upside when the trendlines (I'm using the moving averages here) are saying we're in a downtrend. You'll only be wrong at the top or bottom - which happens only once in a while and that is what stops are for. Other than that you'll always be on the right side of the trend if there is a trend. If you're not in a trend, you need to use something other than P&F anyway and could use something like RSI or something (like for RMBS above where the moving averages flattened out over the last month).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next