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Guy Gordon wrote:
> As for RSI and Stoch not working on stocks that are clearly in a
> trend, I beg to differ. Take a look at my chart of IOM
> http://www.white-crane.com/iom.htm. Notice how the Stoch(9) has given
>
> a buy signal at the end of every single month since March. And every
> one of them was a good time to buy.
Very convincing. However, if you would have bought the stock at theend
of March when there was a break-out with the trand continuing
now, you would not have to make the 4 or 5 trades in the interim.
I am assumong that the sell signals hold also. The risk is the bid-ask
spread along with the commision.
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