KEEP IT SIMPLE TRADING Message Board

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Strategies & Market Trends : KEEP IT SIMPLE TRADING

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To: mistermj who started this subject	2/23/2004 11:05:15 AM
From: mistermj	of 321

Just a quick update on all open sector and index alerts. By "open" I'm talking about a three day trading window after the alert is given.I'm watching how they behave, within some expected trading parameters. Specifically, do they behave well enough to not be stopped out (1.5%) and do they offer an opportunity for a gain in the ballpark of 1-3%. So far, results are encouraging.Its way too early to jump to any conclusions, but we are on the right track here. I'm hoping to construct a mechanical trading model that could be followed for these alerts...or at least give more specific trading guidelines. So far, just eyeballing the charts it looks like TTH was the only stop out for a loss. Currently the HHH short is down approx. 1.5%,the XAU index was down as much as 3%. IWM,IJH,IYH, shorts are behaving well,most are down close to 1% in the second day of the trading window. RKH hasn't stopped out of a 1.5% stop, but it hasn't rolled over as expected either.Today is its last chance in day 3. DIA short is in its first day after the alert and sitting right on its 20MA after making a small move to the downside.

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