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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (33401)10/18/2000 10:49:25 AM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Paul,

>>> maybe Time isn't a factor in a capitulation sell-off <<<

The question you a putting forward is whether could be wrong or right, since you did bring up the issue of time. I dont work with or try to achieve 100% accuracy in the market since I believe that it is mathematically impossible.

Firstly, my short-term system does say whether the market will or will not move in a certain direction, what is does is to identify the extreme oversold or overbought situation based on mathematics. That doesnt mean that the market cannot bounce before I get the extreme situation of a CLASS 1 signal.

If you reread my post, my comment was that per my short-term technicals I still have potential downside. I have expressed myself in that manner for a very long time implying there is simply still room if the market continues to move in that direction.

So lets say that this was the bottom. That doesnt mean that my system missed. To me it just means that the market bounced before it got to the very extreme mathematical situation.