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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (28105)	1/15/2002 10:43:28 AM
From: Shack	Read Replies (1) \| Respond to of 209892

Like I said, it has been foolproof during this bull run. Knowing when to turn on an indicator and turn it off is the key to them otherwise they are useless as Hays found out. As you inferred, recalibration is important for a trader or they will be caught flat-footed. Its just an intra-day thingy for me. I don't track it on a longer term basis like Hays. On an hourly basis, it hit an extreme right at the bottom yesterday indicating at least a bounce which we are probably mostly done with now.