Hi Adam
"Hi 1step, Of course you'll get better results if you buy when the stock is low and then recovers. How do you propose to study this"
"You can observe a lot by just watching".
Yogi Berra
Just by watching, I have observed that if you are an Lichello BTBish aim user , which I am; your entry and buy levels in a downtrend should only be made on an aim monthly uptick.
An aim user 4 month back commented that they entered a buy on this stock at $14.00. I checked to see if I would have entered at this price. The monthly price cycle was 18.00- 16.60- 14.00.
Now i would not have entered a buy until the stock had upticked. This is the monthly price cycle to date. 18.00- 16.60- 14.00- 10.00 - 9.25 - 5.10. So far , no monthly uptick. The stock is down 62%!
If using a 50/50 allocation their cash reserve is depleted and their average share is $9.50. I am still wating for an uptick entry . I have tons of funds to unleash.
This is not an uncommon occurence. Again these are real life, not fictious stock prices. I only see advantages to this method.
Now, these entry and buy levels are used just by watching the aim system as designed by Mr.Lichello.
"You can observe a lot by just watching".
ocroft