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Re: ajtj99 post# 96970

Friday, 01/05/2007 3:51:12 PM

Friday, January 05, 2007 3:51:12 PM

Post# of 148479
If you take the crossing day's closing price, It is reduced to 7-15 I agree. But if you are looging at this on an intraday basis and catch it you can improve that by another 5-10 pts.

The problem is the fake outs, like we have seen the last 5 times. <g>

I do agree crossovers are not very reliable.

At this point I think Monday is still down and 1395 ish is a strong possibility.

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