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Strategies & Market Trends : Technical Analysis- Indicators & Systems
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To: Webb B Blackman Jr who wrote (2225)7/28/1997 12:32:00 AM
From: GW Riedeman   of 3325
 
Actually, Webb, I seldom use just "1" for the gate, I usually use "2" or "3" as a minimum (for my purposes). For buy/sell decisions, "1" might be appropos, but I seldom use the machine to pick out these points. I use it primarily for scanning the big list down to a smaller, more specific group, and the wider gate gives me a little bigger selection of candidates, AND I don't have to scan every day.

Bill
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