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

To: TA2K who wrote (10192)	5/2/1999 12:14:00 PM
From: Richard Estes	Read Replies (2) \| Respond to of 12039

Clusters? The majority is often times wrong. If my mother told me one setup was best, I would test it. What did you use to buy?

To: TA2K who wrote (10192)	5/2/1999 12:15:00 PM
From: Jan Robert Wolansky	Read Replies (2) \| Respond to of 12039

Testing StochRSI's by themselves will probably yield inconclusive results; they have more value when they are part of a larger system with other kinds of indicators.

To: TA2K who wrote (10192)	5/2/1999 1:07:00 PM
From: Michael Watkins	Respond to of 12039

Nicholas, I don't use StochRSI for exits, rather I use them as part of a confirmation for entry. StochRSI turning down may not be a problem for you at all, depends on your time frame, entry point, etc. Although I would be concerned if I was still in a position and both short and longer term StochRSI turned down through 70. Chances are I would have exited earlier. My time frame for most of my positions is short term, even for companies I believe in. I don't hold through weakness. I give up some profit opportunities, but I sleep better at night.