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Strategies & Market Trends : Tech Stock Options

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To: IngotWeTrust who wrote (37556)3/26/1998 8:25:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
Now that I think about it, %R is not to be used to generate "SELL" signals in Bull Markets and vice versa...I forgot that.

I did just come off an extensive e-mail discussion (as a watcher, or lurker, not as a contributor) a short while ago. Perhaps it was an error not to pay more attention.

DeMark was another topic I did not pay much attention to; you have high regard for his opinion I see.

Personally, I limit the number of indicators I follow. But I am curious about DeMark, what is it about him that helps you so? I have had some success using indicators in reverse, as you have (apparently) reversing the common usage of trend lines. But I know nothing of DeMark. I have no problems trading....I'm successful enough. However, I'm always looking for a little bit more to learn.

EDIT

Come to think of it; as an oscillator %R would, of course, only work in a trending market.

Duh.
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