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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (7693)1/10/1998 10:45:00 AM
From: Chris G.  Read Replies (2) of 12039
 
Richard,

"Notice you buy at close rather than next day open." Yes, and I was reading some past threads where you recommended a 1 dy. delay. I will probably start testing this too. Any particular reason you sugg. this?

And Richard, speaking of market conditions, I re-ran my scan after fri.'s data update and tested the same systems I posted earlier. Quite diff. results w/ the addition of Dahl now beating the straight Stochrsi 8,5 system, but much less % winners overall. I think I need to refine my scans for stronger and more uptrending stocks. In this kind of market conditions, I think this is leading to the inconsistencies of my results. Maybe run a series of scans of first canslim st., then RBBB, then a trend indicator like Dahl or ADX (which I have'nt experimented with yet).

Thanks for the 'food for thought',

Chris
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