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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (21794)10/2/1998 2:46:00 AM
From: Doug R  Read Replies (3) of 79227
 
David,

DNM and MIY are funds.
RCII signaled 9/23 also (that was the one to buy). 2 signals so close together is a possible indication to short. Bdog's assignment is to write a lookback feature for signals in the previous month.
Now I'm considering a max. % move on the signal day to avoid overextension. 7% should do it.
We're almost there. Now if only the damn market will cooperate. As you know hits will have a 2 day buy and sell window (although with the additional criteria it looks like that may be extending). That fits well with current market conditions. The criteria is so narrow that days with no hits should be expected. It's not surprising that today went hitless.

Keep those "test" results coming.

Doug R
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