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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (21519)7/30/1999 9:48:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Larry,

>>>> Using you "guitar" system, if you have repeated sell signals in an up trend, how does your system get you back in after the first sell signal so you can take advantage of the continued rise, if your system does not render a buy?

And, if you get repeated buy signals in a downtrend, how does your system get you back out after the first buy signal, to prevent losses, if you systems does not render a sell? <<<<

Larry, there are patterns within my guitar which give hints. I will not go into explicit detail since it would take a long time, and there are a few things that I would like to keep to myself. However, I have mentioned previously that in a strong uptrend there is a series of 3-5 mini peaks that I have noticed. On very few occassions there is 6 mini peaks, but rarely. As you know I also use common technicals/charts to assist/confirm what my guitar is saying.

I would not call it an anomoly, but just a statistical pattern per my short-term technicals. Keep in mind that my short-term technicals are only part of my guitar.

Sorry to keep you partially hanging.

seeya