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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (10367)1/10/1998 4:16:00 PM
From: ivan solotaroff  Read Replies (1) of 79243
 
HMMMM...

Doug:

Not to nitpick or nothing, but, re: "During the first 3 days, exit is triggered by a close on the low. After 3 days, exit is triggered by volume."
I agree that some form of staggering is needed if a valid exit point occurs before a third post-signal day, but if some hardworking SGI-holding cat-fancier had been following the rule on 11/26, he/she would have missed out on most of the run-up from the 11/24 signal.
Unless I've missed something, I would and could not follow that rule.

Ivan
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