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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Esteban who wrote (10122)1/6/1998 1:54:00 PM
From: ivan solotaroff  Respond to of 79183
 
Esteban:

No, I think you got it (if there is anything at all to it). In OXHP's case, the drop was so steep that the MEEP still applied by signal day. I think that's a rare case: The MEEP is a fast plunging trendline, and for it to still apply three to four weeks (when your average signal occurs) is rare.
That being the case, the MEEP is a (for the moment entirely theoretical) tool to divine a pre-signal attempt to catch a falling knife.

Ivan