06 Sep 2014
Have either of you considered keeping MDM in a buy signal as long as QE is in effect?
... keeping MDM in a buy signal longer than normal is part of the strategy. That said, possibly ... percent off their peaks is also part of the strategy as the averages have corrected ... more likely to sit on it's buy signal and weather the correction which tends to ...
26 Nov 2012
MDM had a buy signal. I bought a 3x ETF. The ETF moved higher but now has moved back to my original buy price. At what point should I have exited if at all?
Q: MDM had a buy signal. I bought a 3x ETF. The ETF ... on buy. A: Some pyramid, some have various exit strategies, and some go strictly by the MDM's signals so ... their initial position when the model issued a sell signal. It is up to each member to determine ...
03 May 2012
Why is your model still on a buy signal since I thought buy signals are neutralized during the trading day once the NASDAQ trades below the closing price the day before the gap-up buy signal day.
... day on that day. According to your book (page 234), buy signals are neutralized during the trading day once the NASDAQ composite ... order for you to issue a sell signal standby? My question also applies to the sell signal which was not neutralized even though ...
26 Aug 2012
Will the MDM ever change to a buy signal without a follow through day? What about sell signals from a confluence of distribution days?
... ]. IBD once violated this rule and switched to a buy signal, but that buy signal proved false and thus was closed out at a ... weighed into the model. Note, FTDs do not guarantee a buy signal. There are other variables at work, especially in this age ...
05 Oct 2011
The model just switched from a sell to a buy signal. If I were to switch into cash rather than go long and the market took off to the long side, would I ever get another buy signal?
... The model just switched from a sell to a buy signal. If I were to switch into cash rather than ... the long side, would I ever get another buy signal? I would think that I need to go ... A: The model would not give a second buy signal, just as it would not give a ...
01 Feb 2011
Recently, it seems the model made most of its gains on its buy signals since 2009, and most of its gains on its sell signals in 2008. Why not ignore the sell signals during bull markets?
... March 2009. Since then, most sell signals have been only mildly if at all profitable ... by shorting TYH on the 4/28 sell signal. Despite the mostly bullish market since March ... can just focus on either its buy or its sell signals, but as O'Neil always pointed ...
17 Nov 2010
Does this market MDM neutral or sell signal mean that any ETFs bought from your original buy signal should now be sold?
Yes. Likewise, when the model switches from sell to a neutral or a buy signal, any inverse ETF you own from the sell signal should be sold.
21 Dec 2011
The Big Picture column in Investor's Business Daily is on a buy signal, yet MDM is still on sell. Please comment.
... calls and use a different set of criteria for our signals. The MDM is based on its own, separate criteria, hence ...
06 Oct 2017
Please discuss your selling strategy "Seven Week Rule" which captures gains in a stock without giving back too much profit
... in a stock without giving back too much profit. Our strategy is known as the “Seven-Week Rule.” 10-day = Stocks that ... . Our studies of pocket pivots indicate that a pocket pivot buy point which results in an uptrend that is shown to ...
15 Jun 2018
If MDM is on a sell signal, should I go long a stock?
... , so even if it is on a buy signal, that does not mean the market cannot ... off, such stocks often spring to life. Also keep in mind that market pullbacks are ... good strategy. 2014-2016 have been years where buying on weakness has been a sound strategy since ...