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Strategies & Market Trends : Technical Analysis - Beginners

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To: Jan Robert Wolansky who wrote (7471)1/3/1998 2:43:00 PM
From: peter n matzke  Read Replies (2) of 12039
 
Hi Jan: i prefer a system to work under all conditions(bull,bear,neutral markets) and on all stocks, is because it creates a much safer system.
i'm not sure if its ok to post demarks short sytem, but it is in his book The New Science of Technical Analysis, when i back tested it has been the best short system i have been able to find--if some one has a better one, i am very interested.
the demark short is about break even(actual entry 1/8's and commission costs--i use $25 as default--will mean a profit or loss).
when i used low QRS<25 the results improve--85% profitable trades--profit of about 18% annually
better screening should yield better results.

better ideas/formulas would be greatly appreciated
thanks
peter
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