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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Topannuity who wrote (1142)4/17/2000 5:04:00 PM
From: Jack of All Trades  Respond to of 33421
 
Hi Hersh,

I doubt you will find anything that will no give some false signals with this volitility, especially in this time frame. I always give two bars for comfirmation, close first bar with cross, second bar must still hold water...

The indicator works very well in a trending market, I said that with the volitility it may give a false signal, especially with the MA in the 15 range. Typically the MA does not go below 25-30...

Use it if you want. Plus give it more than 3 days.

If you have the holey grail please tell.

Jeff



To: Topannuity who wrote (1142)4/18/2000 11:22:00 AM
From: Jack of All Trades  Respond to of 33421
 
Well I guess if you took the sell on the 10th you could of banked 120+ pts and the buy signal yesterday 50+pts as of right now.

Jeff