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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (14433)11/26/2002 3:15:41 PM
From: augieboo  Respond to of 57110
 
Mish, actually, a DB is any move up from oversold that reverses down anywhere below the 50 line. AV is the opposite, i.e., any move down from overbought which reverses up anywhere above the 50 line.

Cautionary Notes:

1. So far as I know, Jeff has never back-tested this, or any of his other "killer ta" theories.

2. Whether you see a DB or AV is very strongly dependant upon using the same stochastic settings as Jeff does. Thus, since Jeff does not back-test his theories, we must assume either that he has stumbled upon the "perfect" stochastic settings, or that the entire DB/AV concept is really quite arbitrary.

JMDO,

augie