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Little Chico

05/02/06 4:05 PM

#30017 RE: Nocona #30013


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Little Chico

05/02/06 4:05 PM

#30018 RE: Nocona #30013

Nocona,

Actually, I was watching Winfree's spreadsheet trying to decide how far into the oversold zone to go before going long. The still rising ADX line was a concern and should have told me to wait longer, and my entry price would have been twenty pts better. I like Winfree's suggestion to go to the 5" chart to make a more precise decision. In that case,the change of color in the candlestick would have signalled the bottom.

Chico