San Felipe, yes intuition's post was indeed very entertaining. I...

San Felipe, yes intuition's post was indeed very entertaining. I too, like Intuition have been known to go off in such tirades....a bit like a chimp with a machine gun......so I don't want to take this discussion too seriously. Intuition, we should compare our medications and their side effects sometime. Do you also get the twitch in the right eye when you go into one of these rants ??

But I say that to say this...... anyone who solely uses turn dates, or any other single isolated indicator, to make their trading decisions probably deserves what they get.....(sidenote: how long can a stochastic oscillator stay oversold or overbought for ??)......However I would more likely consider a turn date if it coincided with a stock hitting the top of it's andrewsfork which was also where the underside of the 41 day ema was at the fib 50% retrace line and the stochastic oscillator was turning down from overbought and the MACD was going negative while the bollinger bands were pinching.....etc etc etc.......

I must say elements of intuitions post I can very much relate to. I made a few humungous gains on speccies when I was a beginner and I still turn white when I think of the risks I took. (yes, ridiculous as it may seem there was a time when I actually believed what came out of the pen of a spec company CEO)..... I also made some horrendous losses. I don't tend to make either of them anymore so maybe I suffer from a litle bit of analysis paralysis.....but at least hopefully I will still be here trading away in years to come still ranting and hypothesizing about turn dates.