ReardenMetal, I have no idea what you are talking about. People give book reviews all the time, as a courtesy to the publisher/author. Yes I still find that particular book well written and a fun beach read. However, my market philosophy has evolved since those simple times, therefore, I'll state for the record again---- the book's premise is fatally flawed. Do you still trade like you did back in the day? Do you still like the same things that you liked back then? Opinions change, people evolve, this has nothing to do with honesty. Regards, surfer
Personally I wouldn't think this specific measure according to the charts and figures would have much definitive significancy for all types of trend trading strategies/ performance.