MARKET INDEX TECHNICAL ANALYSIS - MITA 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 : MARKET INDEX TECHNICAL ANALYSIS - MITA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: High Country Trader who wrote (8503)	9/11/2001 1:09:00 AM
From: bobby beara	Read Replies (1) of 19219

Not sure if this makes much sense but when historically infallable indicators and can't miss patterns become common knowledge, they seem to suddenly quit working. >>> larry mcmillan talks about this in one of his books, the put/call averages made regular buy and sell signals at certain levels in the late 70's early 80's, then they stopped working at those levels, most market mavens proclaimed put/call ratios as no longer useful. the problem is that the levels change in changing market conditions, mcmillan long ago started using moving average cross-overs of put-call averages for buy and sell signals, rather than using raw #'s to call overbot and oversold.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next