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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (28153)9/17/1998 6:33:00 PM
From: William H Huebl  Respond to of 94695
 
Bob,

Thanks for the thanks. I do use a 17 day weighted moving average and find that most indices are either on one side of it or the other... meaning that many times when the flip-over occurs, price is going from bullish to bearish or vice versa short term.

The problem with the TA fire hydrant is that not all the water is drinkable (not all TA indicators work)!

You can use some of the indicators some of the time, all of the indicators some of the time, but not all of the indicators all of the time. Ya gotta know what to use and when! Whist I did!

Bill