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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (41327)	4/26/1998 1:37:00 PM
From: The Perfect Hedge	Read Replies (4) of 58727

Patrick- The system does give stops and entry prices.It trades only once a day and is based on a trading range.If the S&P violates that trading range you may not trade at all during a day because the system reads a trading range only. From what this friend tells me,who's selling me the system,it's been back tested a 3 years and shows gains of over 100% a year.Thus,your wins are much bigger than your losses. The way it works is you pay 5k for the right to use the system.You set up an account with a brokeragew firm in Fla and you call in the morning for entry prices and stops(going short and long)so you have no say in the actual trading;the system does it all. You never hold overnight and he's offering me a $250 one month trial period to test the system.If I like it,I pay off the balance but if not I'm out $250. Your thoughts? GD

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