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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (10329)9/23/2010 12:01:07 PM
From: GROUND ZERO™  Respond to of 218838
 
Thanks... I only give 3 points, that's the rule, I can always re-enter, but why hold on to a losing position if the signal was rejected... when the signal is not rejected, we would typically see the market break another 10 SP points below the sell point almost immediately, but that didn't happen... therefore, I knew we would have to rally, at least for a while... we could see another attempt at the lows later today, but if not, then the model is still long until I have a confirmation...

GZ