I'm getting to be more of a fan, I love his indicator... apparently when the market is up it's overbought and when it's down it's oversold.... that is what I've figured out.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Thursday, June 26, 2008
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Yeah, I like it, too. It seems to be actionable.
I think it's some type of Williams %R, maybe a 30 minute or 60 minute?
He also has a pretty good track record of percentage winners, both long and short.
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