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Strategies & Market Trends : Technical Analysis - Beginners
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To: peter n matzke who wrote (7479)1/4/1998 12:23:00 PM
From: Richard Estes  Read Replies (2) of 12039
 
as an example, the lowest low in last 10 days was 50. 75% of 50 is 37.50, any close should be higher than that. It doesn't make sense at all.

Since 2nd one shouldn't work, then your first says if highest high say 50-.5= 49.50 sell. what if you sold short at the high of 50? or at 37.50.

Not picking but I am surprised you can get 18%.
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