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Re: [RT] 5/18 & 5/22 NASDAQ Turning Points



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--- In realtraders@xxxx, Todd Horton <toddao@xxxx> wrote:
> On Wed, 16 May 2001 11:55:37 -0400, you wrote:
> 
> >>: ----- Original Message -----
> >>: From: "Ira Tunik" <irat@xxxx>
> >>: To: <realtraders@xxxx>
> >>: Sent: Wednesday, May 16, 2001 11:17 AM
> >>: Subject: Re: [RT] 5/18 & 5/22 NASDAQ Turning Points
> >>:
> >>:
> >>:  As far as I am concerned, the stochastic indicator is the only 
one that
> >>: tells you where you are now in relation to the cycle you are 
trading
> >>
> >>George Lane originally setup his stochastic to work on EOD data 
and he uses
> >>14 bars as his lookback period because it is 1/2 of the lunar 
cycle. Are you
> >>sure that this is the definitive indicator for use in intraday 
trading?
> >>
> 
> he uses 8,3,3 per a friend that took the live course about 2 months
> ago.   Trades bonds.

It is interesting because it is fub numbers.

Haytham


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