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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: GROUND ZERO™ who wrote (8268)11/10/1998 4:01:00 PM
From: Patrick Slevin  Read Replies (2) of 44573
 
Yeah, the A/D would improve a bit but the thing about A/D (if I recall correctly) is that once it gets extreme one way early in the day it never fully recovers even if the market rallies positive.

Perhaps it has a lot to do with Program Trades. Program guided sells target S&P stocks that have low RSI and buys target high RSI. So really you would not see much of an improvement, just a widening between the prices of those that end the day up and those that end it down.

I bailed out anyway. Camp had 3:45 as a probable selloff and sure enough....had I listened I could have had 40 on my exit but I waited a few minutes and was lucky to get out at 37.50; Can't complain, I suppose. It was my own fault.

EDIT Freakin' response time just improved in a major fashion, right at 4:00; coincidence? I doubt it.
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