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[RT] Re: 5/11/2001 NASDAQ Turning Point



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--- In realtraders@xxxx, "Stan Book" <sbook@xxxx> wrote:
> I'm no Marty Schwartz, but...
> 
> it seams to me the drill is: when the MA is trending sharply up, 
buy every
> return to the MA. Conversely, when the MA is trending sharply down, 
short
> every return to the MA. At other times, buying only when price is 
above the
> MA and shorting only when they are below the MA leaves too much 
food on the
> table.
> 
> Then, again, what do I know?
> 
> Stan
> 
Imagine how powerfull that will be if you add it to your arsenal and 
use it effectively.

The question in my mind not how powerful but how decipline trader can 
be to use it in a simple way as you describe it.

Haytham


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