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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (19225)5/27/1998 11:56:00 AM
From: Oeconomicus  Read Replies (1) of 94695
 
rbf, don't you need to wait for the closing trin? I'm sure that if you used intraday, you'd get signals much more frequently (and much less reliable ones too).

Anyway, has anyone backtested this indicator farther back than 1996? Do we really want to rely on something if we don't know how it behaves in a real down market (as in something more than a 10% correction)?

Bob
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