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Re: Myst post# 7077

Friday, 03/12/2004 10:28:31 AM

Friday, March 12, 2004 10:28:31 AM

Post# of 8735
Myst - Re BRCM

I really appreciate your response, but I need help. I am trying my best to understand this 3 - day rule thing, so I have to ask questions. On the X-Dev. chart, at the end of the big red down candle (3-8-03) the account went basically to 0 as the 3 day rule says. (There was not enough money left to buy one share, so I considered that "going to zero.") Since then, the 9th, the 10th, and yesterday the 11th, it closed under that price. So in my feeble interpretaton, it looked like a 3 day rule response. Help me understand why it was not.

We love the X-Dev and have most of it mastered to a reasonable level in doing the optimizations, etc. It certainly helps in the decision making process. However, the 3 day rule process is still my bug-a-boo. I am never reasonably sure when it is and when it is now, even though it looks like it. That's what happened with BRCM. To me, it looked like it followed the formula for a 3 day rule.

A million thanks for your help.
Goodbugs

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