imported post
post off tt:
I discovered this for myself years ago.
"– My trend following trading system is the result of years of mistakes. I
always seemed to be zigging when I should be zagging. My investing was based too much on emotion and inputs
from so many varied newsletters and methods. After what has been literally years of personal research into cycles,
Elliott Waves, artificial intelligence and many other systems, I have learned that my own trading style is best
handled by avoiding the “art” of prediction at all costs!!! When I looked at moving averages for indication of
trend direction, it seemed that they too were always 180 degrees out of phase with what I should have done. My
conclusion, after many losses and much frustration, is that I needed to keep it very simple and let the market tell me
what it wanted to do. In particular, I wanted to follow the trend, which is your friend, until the market whispered,
or shouted to me that it wanted to change directions. And then, I found that Stochastics and Rate of Change
indicators help me go to cash until the trend reverses or continues."
-Greg Miller
In other words: "Keep It Simple Stupid"
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if sox does not break thru this week aheadsell with both hands......if she does no pause in sight till the moon!
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!