What I am pushing is to have a plan, if you entered at 2 13/16, then why were you concerned on the return to breakout that is natural in most stocks? If you overload yourself with indicators/systems you bring in emotion. Yes, you can let DNS fall to a certain level, if that is YOUR PLAN. What is the level? I assume you have decided.
They will catch you in time nearly all the time. But which one are you using? What happens when DNNS says out and DNS says stay? Possiblly we don't follow the same stocks, I don' think of DNS as whipsawing anyone. It might be a matter of definition. Things like clear breakouts mean different thing to different people. I like to have targets but that is my mindset.
Deluded? No, You either hide your meanings in prose or I am misreading you.
>The longer-term indicators don't look so marvelous tonight. Of course, Bill Sandusky's are all turning down: CCI(13), MACD (5,35,4), my RedLine proxy Stoch (8,5), his Average Price. The indicators in Dave Evans' system aren't faring so well either: StochRSI(14) is crossing down through 70. StocRSI(8,5) is well down. InSync is crossing down through 50 (the cowardly so-and-so). MACD(8,17,9) is turning down and nearing the trigger line. My only consolation is DNS, which is at 7. Well, Dahl looks OK -- a medal for Dahl for holding the line<
you mean all that happened in one day? I never noticed. |
