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Strategies & Market Trends : Steve's Channelling Thread
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To: TREND1 who wrote (19569)7/2/2001 1:53:54 PM
From: ajtj99  Read Replies (2) of 30051
 
Larry, just curious. You had a sell signal at 2078, now a buy signal at 2264. Where was your buy signal last time?

Furthermore, should people buy and sell at those points? It just seems that unless someone buys and does not sell, your system either generates many false signals in a sideways market or has the person buying at a very high level relative to the recent market direction.

Did you have a "buy" at 1636?

Not trying to diss you, just trying to understand the theory behind the system.
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