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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (7687)1/9/1998 11:05:00 AM
From: Chris G.  Read Replies (1) of 12039
 
Richard, good note. And I totally agree.

The subjectivity I was talking about was only interpreting Dahl, ,and Insynch in relationship to the buy signals when they arise (see post # 7644 for my present system). Nothing more or less. I've already learned the hard way of being turned into an "investor".

My other point was when I integrated at least Dahl, and Insynch as fixed values...ie..when >0 for Dahl, and >20 as enter for Insynch, the positive trades were decreased over 30-50% at times, and +/- on decreased loosing trades. It is far better to actually look at these charts individually to see if they are trending upwards than using an actual fixed value. This is what Dave also did in his IBM example awhile back. Do you agree w/ this method Richard?

Chris

BTW, I agree, this market is a terrible time to try to be learning TA. That's one big reason why I'm only paper trading now<g> What's your view on where this market is going?
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