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Namiar

06/23/04 11:45 AM

#13428 RE: was Steve #13413

<<but when you go into trend mode as you went into last night, how do you get to a point where you would sell the trending position?>>

Yesterday, I had no info to go off of at trading time due to cable guy having me offline. Strength in the NASDAQ led me to operate under the assumption that I would end the scalp and move into long trending.

In fact the scalp is not over yet. All this flipping and flopping has not pushed the OB-OS indicator far enough to get an "out" signal. It is still slightly OS.

But to answer the above question, If I have Bull mode (and no scalp) and the subscription model has a Long signal, then I will be trend long. The subscription model will go short at strong OB points (whatever their criteria may be).

I remember doing something earlier in the year where I used high NAMO in combination with high OB on the OB-OS indicator. I was able to identify shorting points with a decent rate of success. I will probably incorporate this into the trend long model.

BTW how is your collection of sectors faring today??