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Strategies & Market Trends : Tech Stock Options
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To: Kevin who wrote (31966)12/26/1997 9:53:00 AM
From: donald sew   of 58727
 
Happy holidays Kevin,

Yes our systems are now giving opposite signals. When you stated that last Friday your system indicated that their will be a retest of 900 on the SPX, my system was stating of reversal upwards and that we would not retest the lows set last Friday. This week was a bit of a quirk with Tuesday drop of 128 points on very low volume in a very short period of time.

I have been following your post and have analyzed your system which is basicly linear in function and signals are created by crossing support and resistance lines.

My system does include support lines and resistance lines, but they are almost all the time not used for my system to create signals. Basicly, my system is almost purely based on technicals crossing regardless of the price.

Seeya
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