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Replies to #5661 on The Black Box
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Namiar

10/02/03 7:14 PM

#5755 RE: Namiar #5661

Here is a Nasdaq McLellan Oscillator showing an extreme oversold condition that existed in the past week:

http://stockcharts.com/def/servlet/SC.web?c=$NAMO,uu[w,a]dacayyay[d20020314,20031214][pb50!b200][vc6....

My ST scalping model went to cash today as the ST oversold state of the past week has abated. SInce the first of my laddered entries at the close on 9/24, the model closed out the swing trade up 4.1%. In real-life, my Profunds IRA was up only 3.9% due to slippage. FWIW, I trade the entirety of my IRA, and not just a "position".