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Non-Tech : Anyone using Indigo Software

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To: Dr. Stoxx who wrote (19)2/26/1999 7:23:00 AM
From: Caleb  Read Replies (2) of 42
 
Hi Thomas:

Because Indigo uses end-of-day data only to generate signals, you'd have to wait until the end of the gap-in-the-morning day (after the market closes) to find out what to do next. Nonetheless, you'd still follow the initial close signal, ignore the gap, and sell the position a few minutes before the market close as instructed. That's my interpretation, though others may have alternate views. I've never used tomorrow's close executions.

Currently, I use a portfolio of four models, which I've put together since my purchase of the program about three months ago. Three of the models are comprised of internet stocks. The other model I built from scratch. It trades SPY, MDY, and DIA, and works similarly to an index fund.

As of today, this portfolio has returned a little bit over 40% during the last two months (my total time actually trading with Indigo), owing mostly to huge run-ups in stocks like Excite and Lycos, which are included.

Here's my daily routine: go to work, come home, download data, test models, generate signals, place trades if necessary. My night job takes about an hour on average, but I do a lot of testing which adds to that time. I find that I have to budget my time a little more carefully, but it's worth it.

Best of luck,

Caleb
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