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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (40269)	1/30/2000 1:38:00 PM
From: Jorj X Mckie	of 44573

You will likely get an answer that says that P&F doesn't try to call the absolute tops or bottoms, just the bulk of the trend. I believe that this works well for the buy and hold types and it works well for me, though I have to augment my P&F with other forms of TA for short term stuff. In the spoo trading contest, I have tried various strategies using P&F as the foundation....so far I have blown up 3 times... I do use P&F (and specifically the NYSEBP) solely to determine when I move my 401K into cash and then back into the market. My rough calculation is that the value of my 401K is up about 15% from where it would have been had I simply left it alone. When my 401k is in the market, I go exclusively into aggressive growth funds. JXM

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