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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)
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To: RealMuLan who wrote (1645)8/29/2006 9:01:16 PM
From: Moominoid  Read Replies (1) of 2852
 
They pushed it back up - given recent history it pretty much only can go down from here. Gorchinsky thinks we go sideways all week. GZ seems to think his model will hit the reverse stop tomorrow and go short again. Bill Huebl's model went short today. My stochastic model is ambiguous. I have three indicators that can be used when the stochastic is between 20 and 80. One is in the long zone (but it is hardest to forecast), one is still in the short zone and the third one which can look forward up to five days will be in the long zone for two days - Wednesday and Thursday. OTOH the stochastic has risen now for two days in a row. So following the one that has been in the long zone was correct. I've followed the one that is still short because usually in the 20-80 zone it is most reliable.

Probably the model needs some more rules for these kind of rare situations where nothing agrees. I'm going to look at getting better forecasts of the indicator that is currently long.
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