MarketTrak Question/Comment Message


Posted By: Richard   Date: Thu Sep 24, 2009

Title: Confirmation

Message:
  You mention using the five day methodology as a confirmation of the one day signal. To date they have been in synch since your one day update. What weight will you give to the five day signal, when they are conflicting.


Response:
  Conflicting signals can pose a trading dilemma. If both signals were strong but in the opposite direction, I would definitely go to cash and wait for the picture to become clearer. In the case where the one-day model's signal was much stronger than the five-day model's signal, I would favor the one-day model. In all other cases, I would probably play it safe and go to cash.

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