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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: peter n matzke who wrote (24852)6/7/1999 6:23:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 44573
 
I don't know if any minimum number of trend days has to be set, but I'd say that after the kind of down trend we've seen in the NAZ, the signal is believable..... The thing is, the longer term the down trend has been, the more powerful the signal..... also, I've never seen it during an uptrend unless the pattern were completely inverted... and in that case it would be a great sell signal.....

GZ