News Focus
News Focus
icon url

wahz

06/03/03 6:21 PM

#114432 RE: TREND1 #114430

this thing has completely worn my ass out. I have been right about the direction of the mcclellan osc, not summation, 18 of the last 19 trading days, and you know what? There has been little correlation between the index movement and the osc fluctuation. I just realized this is why I am screwing up when I saw this today. The nas osc dropped as I knew it should, yet the friggin index went back up. nothing is going to work except going with the direction of the bp's and summations.

of course that has to change....anyday...


icon url

ajtj99

06/03/03 6:34 PM

#114436 RE: TREND1 #114430

Larry, I'm really surprised the one thing you were doing in the fall of 2001 that kept you long from the Sept. 2001 lows, channels, is working perfectly and would have kept you long probably during the majority of this run from the lows.

The BPCOMP has been useless as a predictor of tops this year, but you're still referring to it. Why not draw a couple of channels?

The channels work great during strong trends, which is what this is. They suck during non-trending markets, which this isn't.