I don't think that is correct. My understanding is that
the system will occasionally take long trades when the overall
trend is down, with SPY under the 200 day MA.
Posted by burkmere on 13th of Aug 2011 at 07:56 pm
yes, you are correct ray alexander...That is what Matt had said
in the past... MG is wrong. I think it is rare that the counter
trend trades occur, but apparently they do.
I don't think that is
SPY Current Trade Exit signal
Posted by rayalexander123 on 13th of Aug 2011 at 07:31 pm
I don't think that is correct. My understanding is that the system will occasionally take long trades when the overall trend is down, with SPY under the 200 day MA.
Yes..
Posted by burkmere on 13th of Aug 2011 at 07:56 pm
yes, you are correct ray alexander...That is what Matt had said in the past... MG is wrong. I think it is rare that the counter trend trades occur, but apparently they do.
guess I missed that one....
Posted by marketguy on 13th of Aug 2011 at 08:24 pm
guess I missed that one....