RE:RE:RE:RE:RE:RE:RE:Three weeks of Consolidation and then what? Ok so all of O'Neil's documented statistics are wrong and your way is the correct way.
That was pretty uneducational.
Can't both be correct now can we. Have to poke at confrontation? I guess so.
All I am saying is statisically the wind will be at my back. And if you buy the dips where exactly do you know its not going to work out the way you planned and thus stop out? Each one of the patterns I talked about has a line in the sand. If it goes against you, you stop out below that line as it clearly is not going the way one planned.
I am not saying you are wrong because you clearly have the only correct strategy. I am saying "statisically" the probabilities favor the buy the breakout. And it also gives you an immediate point to stop out maximizing a risk strategy.