don't you use a form of mean regression model as your primary entry strategy, ie channels, oversold indicators, etc. then you do use past trend to determining your entry point. trend or counter-trend, without past data, your entries would be utterly random.
The only thing more pathetic than calling the top/end of the market(s) at any given point in time is calling the end of trend following traders/funds. Pathetic.
This is hilarious. LOL. And nope cant see a trend that I may have followed (traded) in this chart. LOL.
Mav, Surf doesn't answer questions or posts that he can't answer. http://www.elitetrader.com/vb/showthread.php?s=&threadid=83138&highlight=mfw Geez, man. You're so demanding. Trade what you see. uptik