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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: ivan solotaroff who wrote (10384)1/10/1998 5:50:00 PM
From: Doug R  Read Replies (1) of 79521
 
Ivan,

Point(s?) well taken. The fact that there is a mechanical signal to enter a position on varying species and subspecies of toothless felines leads one to suppose there is also a mechanical signal to exit. It's true that SGI is a variegated form of the critter in question but the signal is the same. I also feel there will also be a signal day on a significant proportion of such beasts that will be the mother of all signals and represent THE bottom to which they will never return. In such a case, one might just ride the rules for a year or more without ever seeing a valid exit signal. This would require a two tiered signal system with one set for trading and another set for long-term IBM-type-getting-in-at-the-bottom-and-holding-to-the-top bragadocio fodder.

Doug R
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