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To: 4rthofjuly007 who wrote (35455)3/30/2002 8:29:55 PM
From: High Country Trader  Respond to of 209892
 
Very true but any sane *trader* would not have sat through the drawdown from May to the end of August. Sane traders cut their losses, or at least are suppose to. Like you say just another tool and one I have looked at for over a decade but one that has less relevance for me since it became nothing more than random noise in late 1995.