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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeffrey S. Lillie who wrote (18066)12/3/2002 7:52:50 PM
From: ajtj99  Read Replies (1) of 30712
 
Jeff, that DB did not exist on the chart 3-days ago. It only happened because we had a drop today. If we go up tomorrow, it disappears. I don't think you can count on a monthly indicator until that month or the trend is mostly in and you've moved on to the next session.

It's like looking at a daily indicator or daily candle at 9:45 AM and saying that what shows then is a lock.
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