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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.38+0.4%Dec 24 4:00 PM EST
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To: Fintas who wrote (51493)6/7/2013 11:21:35 AM
From: sandeep1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (2) of 220651
 
I try to react to facts rather than deny them. When 10-day is above 20-day, I try to look to buy and when 10 is below the 20, I look to sell. Simple trend trading. Does one get whipsawed? Yes - but when the trend is working, you stay with it for a long time. Keltner is a relatively new tool for me - da cheif mentioned it on his thread. It looked pretty good at identifying runaway markets. Now that the lower band has turned down, one should be cautious - I am still learning it. I see that last few times, it turned up again - but if it doesn't, one should be shorting. Again, still learning...
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