Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (6579)	1/23/2002 12:29:21 AM
From: gold$10k	Read Replies (2) of 36161

A simpleminded COT buy/sell indicator... I just realized that I had never posted here about my admittedly simpleminded COT buy/sell indicator. When COT falls to 2/3 of the way to its previous low from its previous high, it's time to sell. When COT rises half-way from its previous low to its previous high, it's time to buy. In the last year it gave sell signals on 5/1, 8/14, and 1/15. Buy signals on 7/31 and 10/23. Not too bad for something so simple. vt

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