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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (6920)3/22/2005 8:00:43 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Back testing is a test of historical reliability of “something”. In my post linked below all you should focus on are two things.

1) - QQQQ bounces off the lower L/R line in the 6 month, one year and two year time frames consistently.

2) - The lower L/R channel in each of the three charts is about $35.00.

Message 21159462

$35 is the area that longer term correction reversal should take place based on the analysis that Terry and I have been doing since January.

I apologize if this sounds confusing or if I am not conveying all of the information that you need to understand my post.

Feel free to ax questions.

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