AIG Daily Trend Model
Today's price action will likely generate a fresh Sell on the chart. The question presented is whether it will be too late to Short AIG today, i.e. is this signal the beginning of a tradable decline?
The whole reason to use an objective, rule-based trading system is not to ask such questions. Any one signal can be the exception to the rule, but over the longer term and across a diverse set of tradables, the trend will always win out. This is part of the discipline of trend following, identifying a trend and then following it. All other issues are moot*.
*Of little or no practical value or meaning; purely academic; Simon Cowell
