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

To: Omer B. who wrote (23669)	11/29/1998 8:37:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79766

Omer, On FLYW, 10/23 was a signal day. 10/24 was a whipsaw and 10/25 was another signal day. With a whipsaw on the 3 dRSI trick the best overall strategy is to hold on the first down day but sell if there is a second down day. That greatly reduces being shaken out. If, as was the case with FLYW, there is immediate recovery and another signal, you would add to your original position if other technical factors were positive since the whipsaw actually turns the trick into an IHS. Doug R