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Strategies & Market Trends : Technical Analysis - Beginners

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To: Chris G. who wrote (7700)	1/10/1998 9:48:00 PM
From: Loren	Read Replies (2) of 12039

Chris - Well, maybe your system needs work... BUT, I would think just about any daily system would have trouble with whipsaws in a bad market. I assume that a lot of the stocks you are charting are in the NASDAQ. As I said in an earlier post, the NASDAQ composite index gave a 'sell' signal the week ending 10/24, and it hasn't given another 'buy' signal yet. The Dow 30, the S&P500, and the NYSE composites all gave a sell the week of 10/17, and none have given buy signals. Are you trying to swim up that waterfall? :-) Loren

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