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


To: Paul Shread who wrote (36917)6/10/2002 1:46:07 PM
From: Terry Whitman  Read Replies (3) | Respond to of 52237
 
Not entirely true. It distinguishes between 'low-risk' and 'high-risk' entries. (Low risk being a positive curve turn below the zero line, and high-risk when turning up above zero). There were 'high-risk' buy signals in '97 and '99.

In hindsight, those were indeed good opportunities, and were no doubt also high risk. To combat the higher risk, I refrained from anything but Short Term long-side trades in '99, and am glad I did.

The CC also got you out of the market in mid-'98, and late 2000, FWIW..

There is no mistaking the current curve- It is lined up pretty well with the major market junctures of 1982 and 1988. gettingtechnical.com

But no indicator is infallible..