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

To: Tom Pulley who wrote (82634)	2/7/2002 9:48:51 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

thanks, i'm curious how a model as complex as yours (even if you only used the technical part) would get you short on a top (as of jan 4 we were making higher lows and higher highs and the trend was up), most IT models use some reversal parameters, such as moving average breaks or crossovers, reversal patterns, breaks of support or resistance, etc. and what parameters caused you to cover your short today while the market is in a downtrend, continuing to make lower highs and lower lows. btw, excellent trade, one of the tenets of the original founder of this thread was to share your thinking so others can learn some new tricks.