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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Ted Jackson who wrote (22336)	11/21/1997 10:59:00 AM
From: Meathead	Respond to of 176387

Ted - Take two stocks, AMD and CYRIX for example who have traded sideways for years. You can tune stochastics %K and %D for backtesting long and short entry and exit points for tremendous gains. Obviously, going long on these stocks would have left you with little to no profit over the years, while trading them would have been a better strategy. However, TA can in no way predict, based on the past, that these trading patterns will continue going forward. One could have backtested and tuned this strategy on Dell in Oct of 1993 and assumed history would repeat. It did not, and you would have gotten killed on the short side several times before giving up. MEATHEAD