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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Jack Park who wrote (9291)	11/20/1999 2:25:00 PM
From: Jack Jagernauth	Read Replies (2) of 18928

Hello JP, When to buy, when to sell -- isn't that what Vealies are about? And, aren't they somewhat a kind of judgement (read: subjective) call? Yes, that's how I see it. It sounds like you are doing some interesting work. I can't say that I understand it, but here is what I can say. 'Laziness' just might be a prerequisite for inventiveness, and I hope that you are successful in enhancing AIM as a mechanical trading method. Where I have some difficulty with a purely mechanical approach is that a human being can at times 'see the writing on the wall'. As an example, a couple of years ago when Asia was in a 'free fall', it made sense to increase buying resistance significantly in order to buy more shares at lower cost as the markets dropped. Now, it's the reverse...I can't believe I am getting Vealies. Maybe, some type of Reverse Vealie for downdrafts might make sense. Sincerely, Jack

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