Brian,
Thank your for your reply and "throwing me bait"! I have been running a lot of system tests using WoW-pro5.0 this weekend and have picked some stocks that you were refering to.
Yes, you are correct about MA's being a "trend" following system... which do work fine for strong stocks, including sharp (shorts). For others, MA's were not at the top for Highest Gainers. Thanks for making me look at this, I have gained insight from your comments.
Picking from Richards BBB scans and learning from TAINJ how others worked these scans, I hopefully am looking at only strong stocks, which MA's will hopefully capture profits on. Henry's daily has also proven to be very helpful, not only for making money, but a rewarding learning experience, sharing his concepts.
We have all been home a month from TAINJ and the concepts and ideas I brought home have helped me a lot. My trades are making sense to me. As this market possibly turns or rolls over, I begin to question my Systems and their test, but for now, I feel comfortable where I am.
Thanks Brian,
Rob |
