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Strategies & Market Trends : TAOTN- TA on the Net -- Ignore unavailable to you. Want to Upgrade?


To: Richard Estes who wrote (1572)12/28/1997 8:57:00 PM
From: Jack Landis  Read Replies (1) | Respond to of 1628
 
Richard...Is there a time in the last several years with conditions similar to now. Could we learn to adjust our approaches by examining that period?

I believe that many TAOTN people and approaches have not seen a market like this and are not prepared to deal with it. And what if we face a real BEAR market in the future. Do we have the tools to deal with it?

It's almost running a company that has never faced bad times and is not prepared to deal with a new situation because mistakes are not
punished because the favorable conditions take care of problems.

No tree grows to the sky. And I learned a long time ago about the concept of regression to the mean....At the top curves move down and at the bottom they move up. (maybe thats why I keep trying to
bottom fish!)

Jack



To: Richard Estes who wrote (1572)12/29/1997 8:24:00 AM
From: Chandler H. Everett  Respond to of 1628
 
Richard.......great post....many thanks for the succinct review. For those with TC2000 (still), I continue to like John Bird's high sloping 13,5 Stochastic with a 7 period EMA on a three day chart, confirmed by a 5,39,13 MACD on a three day chart for a sense of where a stock is in its move.

Happy New Year!

Chan