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Strategies & Market Trends : Technical Analysis - Beginners

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To: Terry Mitchell who wrote (8548)	9/8/1998 2:12:00 PM
From: David R. Evans	Read Replies (3) of 12039

Hello Terry, Dahl is a GREAT indicator BUT it will give a lot back on the tail end...... The question must really be "what type of trader am I and how long do I want to hold one stock?" You will not lose money using Dahl..... I like MACD (13-34-89) as a longer term exit because it will get me out a little earlier then Dahl yet catch most of the longer term runs..... The best way to figure this stuff out is put them all up on a chart and look at the entries and exits. Count the number of trading days each one keeps you in AND the amount of profit you would make. Now go off-line and have a real heart to heart with that little trader living inside of you and see which one fits the best.... THAT's the one you should be using.... Dave Evans

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