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Strategies & Market Trends : P&S and STO Death Blow's

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To: ajtj99 who wrote (22786)1/8/2003 10:36:44 AM
From: TREND1  Read Replies (1) of 30712
 
Hal's short of QQQ at 26.64 on 1/7/03 used the 4WC(4 white candle) system:
(1)Trade ends in 10 days at close on Jan 21, 2003
(2)Trade ends if QQQ drops 10% from 26.64, which is
23.98 intraday.
(3)Each trade has a 67% chance of wining.
(4)Revising system to have a constant dollar amount
of $10,000,results in an annualized gain of 24.16% since
1/3/2000.
(5)Looking at a chart of QQQ trades shows the bear market
had no effect. IMHO. Why? Because nearly all trades occurred during up trends.
(6)Don't forget to sign up for FREE IHUB EMAIL. This is the
only sure way to get important info on Hal's trades.

Larry' BABBLE #board-1468
geocities.com
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