I hate to ask a pathetic bull clown question <g>, but have you backtested those parameters to include overbought thrusts at the beginning of bull moves? There are some markets that seem never to pause for air once they get going.
Thanks,
Paul
P.S. Another day of sub-80% upside volume on both exchanges, but I've been waiting a week and a half for that negative divergence to turn into some downside. -g
Zeev, how do reconcile your caution to "not play short side/prepare to buy the dip" vs. EOM idea of 1500 (+/-)...it would seem they are a bit incongruent?
To use Seinfeld-ian (and not Hungarian-g)..seems a little like "double dipping"..