Harry
06-21-2011, 07:34 AM
Dear Pascal,
I was looking at the 20DMF figure this morning. Why was the "go long" signal moved from June 10 (see June 10th Comment of the Day) to sometime between June 13-18? Didn't the "buy" signal get issued when the blue line of the lower panel reverses up in oversold territory at the close of June 9th? I cannot understand how the signal moved to the low of the Overbought/Oversold panel between June 13-18? My understanding was to hold the long even if the line dropped back down deeper into oversold territory? What am I missing?
Thanks,
Harry
I was looking at the 20DMF figure this morning. Why was the "go long" signal moved from June 10 (see June 10th Comment of the Day) to sometime between June 13-18? Didn't the "buy" signal get issued when the blue line of the lower panel reverses up in oversold territory at the close of June 9th? I cannot understand how the signal moved to the low of the Overbought/Oversold panel between June 13-18? My understanding was to hold the long even if the line dropped back down deeper into oversold territory? What am I missing?
Thanks,
Harry