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Re: Namiar post# 6663

Sunday, 10/19/2003 12:06:59 PM

Sunday, October 19, 2003 12:06:59 PM

Post# of 36150
I understand your comments but in this one little example I gave, you would have exited the comp at 3800, and reentered around 1350. Prior to the 3800 entry, you would have taken nearly the whole ride up. Its a very good indicator of the long term trend. That is all it should be used for. I am sure you have better stuff. I can't think of anything I have that works as well to tell me an indices long term trend.

When the cross occured, we should have become very aggressive bulls. Did I? A few weeks into it a started shorting hard because of my other stuff. My other stuff was wrong.


I never applied it to individual stocks because I assumed that volatility would render it useless or close to it

If my answers are really short sometimes you know its just time, and I am not trying to be rude.

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