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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (24439)1/16/2003 11:46:47 AM
From: TREND1  Read Replies (1) | Respond to of 30712
 
(1)The Turtle Trend is a very short term indicator.IMHO.
(2)Yesterday the Turtle Up Trend was broken to the down side and you see what happened today. So far(g)
(3)I like to keep telling you that the Turtle Trend Line
is always "just one simple" trend line(g)
(4)Can any one see a world where aj99 and some others would only draw "just one simple" trend line each day? (gggggg)



To: ajtj99 who wrote (24439)1/16/2003 11:58:01 AM
From: TREND1  Respond to of 30712
 
aj99 you wrote
When you use only the last two highs, does that turtle trend change every day,

answer:
(1)Turtle Trend lines change a few times over a week.
.................................................
(2) or is it the last two highs off a macro high?

answer:
(1) High = a day where the day before and the day after has
a lower high.
(2) On 5 minute charts Turtle Trends are changing many times each day.
(3)IMPORTANT FACTOID...each time a Turtle Trend is broken,
there is enough movement to make a few cents.IMHO.