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Strategies & Market Trends : Technical Analysis- Indicators & Systems
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To: gonzongo who wrote (2120)7/21/1997 4:38:00 PM
From: TechTrader42   of 3325
 
Well, one high-cap lumberer I had in mind was IP, which has been good to us lately. But your system, which shines with most stocks, pines with this one -- pines for lost opportunities. It just wasn't in for the run up. Maybe you can figure out why. But with IBM,for example, your system does well. And with GE, But not with T (what system could do well with T? Hara-kiri?). And not with XON. I know, I know, we're looking at rangers here, or even down-trenders (T). None of this is meant to be critical of your system -- quite the contrary. I think it does an excellent job of pinpointing highs and lows with many stocks. But I couldn't resist trying it out on some Dow dogs.
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