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sylvester80

12/19/02 8:34 PM

#57630 RE: ajtj99 #57622

We have just one chance to take it back tomorrow. One chance. We better not have another "material breach" of the lows tomorrow or else...


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TREND1

12/19/02 11:48 PM

#57652 RE: ajtj99 #57622

aj99
You don't want to read my answer.(g)


Larry Dudash
http://www.geocities.com/larrydudash2002/index.html

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TREND1

12/20/02 12:43 AM

#57661 RE: ajtj99 #57622

aj99
Just because it had a big drop after it fell below the 50DMA,
doesn't mean it's going to have a big drop now. You show no
back testing of this crossing under the 50 DMA. As I stated
below using the 50DMA works, but like "any moving average system" the losses are 70% and the wins are 30% at best.

From a probability point of view, crossing moving averages
are playing for the "outliners" in the probability distribution function.IMHO.

Larry Dudash

Larry Dudash
http://www.geocities.com/larrydudash2002/index.html