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

To: Nancy who wrote (49210)5/10/2004 11:30:44 AM
From: Jack of All Trades  Respond to of 52237
 
Possibly, I don't follow him just remember seeing his posts here...



To: Nancy who wrote (49210)5/10/2004 11:34:08 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Yes, that's true. One short trade really did him in, as I recall. His system seems to rely on extreme overbought or oversold readings in a number of indicators, which can stay that way for some time in a strongly trending market.

On the other hand, with the equity put-call ratio above 1 and the NYSE toying with 90% downside volume again, we may not be that far from a low. At least when it turns, it should turn strongly, I think.


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