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

To: bcrafty who wrote (56481)	10/15/2002 11:56:49 AM
From: GraceZ	Read Replies (3) \| Respond to of 209892

When your record drops below 50/50 its time to get a coin and use that in conjunction with stops. Save yourself a lot of work and maybe even some money.

To: bcrafty who wrote (56481)	10/15/2002 12:41:57 PM
From: Paul Shread	Read Replies (1) \| Respond to of 209892

Yes, he started getting firm class 1 sell signals last November, I think even weekly class 1 sell signals. There was a pullback each time, as I recall, but the market kept going higher. On the other hand, October 9 was the first time I can recall him getting daily, weekly and monthly class 1 buy signals at the same time. I think he was pretty accurate on this leg down; even when he got Class Buy signals he usually predicted a small rally until recently. The capitulation indicator is new and is the result of back-testing, I believe. I've been following Don's calls for a few years, and up until September 2001 they were literally free money. They haven't been as precise over the last year or so. The nature of the market has changed, and he's trying to adapt, I think. The capitulation indicator is a start.