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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Chris G. who wrote (7700)	1/10/1998 2:53:00 PM
From: gonzongo	Read Replies (1) \| Respond to of 12039

chris-You were asking Richard: "Notice you buy at close rather than next day open." With end of day data in real life one cannot buy at close. Buying next day open is more realistic. Andy

To: Chris G. who wrote (7700)	1/10/1998 9:48:00 PM
From: Loren	Read Replies (2) \| Respond to of 12039

Chris - Well, maybe your system needs work... BUT, I would think just about any daily system would have trouble with whipsaws in a bad market. I assume that a lot of the stocks you are charting are in the NASDAQ. As I said in an earlier post, the NASDAQ composite index gave a 'sell' signal the week ending 10/24, and it hasn't given another 'buy' signal yet. The Dow 30, the S&P500, and the NYSE composites all gave a sell the week of 10/17, and none have given buy signals. Are you trying to swim up that waterfall? :-) Loren