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IamtheWalrus

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IamtheWalrus

Re: SilverSurfer post# 65712

Tuesday, 10/23/2007 4:04:41 PM

Tuesday, October 23, 2007 4:04:41 PM

Post# of 90702
multicolinear indicators are like looking at the + sign in many different ways. They all say the represent the same angle, but it doesn't confirm anything. You have too look at other indicators that represent different angles that all confirm the bullish or bearish trend.

Did I make any sense? If not, check out this http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:multicollinearity
for more info.


goo goo g'joob
Pincher Plays

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