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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Compadre who wrote (13439)5/10/1999 4:23:00 PM
From: HairBall  Read Replies (1) of 99985
 
Jaime Choy: OK, I don't understand. Per your previous post, your system was on a sell signal on the NDX.X. I can only assume you are trading a mutual fund that mirrors that Index, per your previous post that you have been trading 1 fund for two years and have accomplished a 400% gain.

Your system did not give a buy signal per your last post until 4 minutes before the close. That was too late for you to trade. As, you have stated you can only trade your mutual fund up until 10 minutes before the close.

Why would you be long, since your last tradable signal was a sell?

Since you often post your systems signals on this thread, why don't layout the mechanics of how it works. So, others and I can understand it better. (No need to reveal the system.)

Personally, I have trouble understanding why anyone would trade a investment vehicle (mutual fund) that can only be traded at the end of the day, with a system that gives intraday signals.

Any systems that gives intraday signals is segmented day timing. That is a very short-term timing device and should be used only for investment vehicles that can be traded intraday. Just my opinion...

Regards,
LG
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