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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (20495)4/7/1999 10:51:00 PM
From: Brian Hornby  Read Replies (1) of 44573
 
Perhaps I will join the bears after all. My best SP neural system (the one I trade) just went short, so I am exiting my long futures position tomorrow. 65+ pts profit; I don't mind getting out and it's nice to have something tell me the target is hit. The "system model" (combining the various nets) is still long though, so I will exit and then wait a day before deciding what to do. Of all the nets, it is going from 68%long to 38% long at tomorrow's close. My mentality is long, so position shorts are against my grain and this market seems to have a lot of steam. However if it sells off on Friday into next week I will be impressed. Looking at the chart it DOES seem to be bumping against the upper trend line so perhaps this will be a point of resistance.

Bond model is still short but almost long, the system bond model is still long. I plan to switch to trading the system models once I feel happy in how they work....
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