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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: R. Bruce who wrote (3218)12/16/1998 11:53:00 PM
From: Mark  Read Replies (2) of 3325
 
Bruce,
DAHL'S primary is still one of my favorite trend following indicators. However I must emphasize that I never rely on any one indicator. Using it in combination with other trend following indicators and/or oscilators it is very useful. I also found that it's cross above/below zero is much more reliable as a confirming signal for certain indecies than individual stocks. To observe this for yourself, apply it to couple of years OF S&P500 INDEX(SPX). Mark
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