NM111652 |
Gold User, Member, TeleChart
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Thursday, October 7, 2004 |
Wednesday, August 1, 2007 5:18:08 PM |
4 [0.00% of all post / 0.00 posts per day] |
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I am trying to re-create the RS Exit Strategy from the 7/26 Worden Report.The report does not say what group/index to compare the strategy to. I trade the NDX 100 and the S&P 500 indices and my question is; what should I use as the default index for comparison purposes? NJ
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On a rating of 1 to 10 I would give it a 3.
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Peter lists six TSV settings that he uses. There is a seventh 41 with a 30 sma. He uses so many he probably forgot that one !.
His explanation was disappointing while bearing in mind that technical analysis is a subjective art.
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Peter seems to use different TSV settings. Case in point, on the Dow chart of 4/15 he has TSV at 18 simple with a 10 sma. On the QQQQ chart of 4/14 he has TSV at 28 expo. witha 20 ema.
Why is this? Which setting is correct? NJ
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