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Strategies & Market Trends : Complacency Indexes
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To: bob wallace who wrote (1381)5/29/2002 1:30:04 PM
From: TechTrader42  Read Replies (1) of 1487
 
Yes, Bob, I knew where you were coming from, that you have a good back-tested system. I knew you weren't "going against" the CI's.

But still, I'd use stops if I were you, and I'd consider taking profits as soon as you're feeling good about them, even without sell signals, because the market's so volatile. Ultimately, I wouldn't rely strictly on a system, but add a dose of gettin' out quickly when things are good and gettin' the hell out when they're bad. I don't think it's a good time to stick around for long in this market.
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