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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (52719)7/22/1999 12:59:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
i odn't know... I don't follow it. canned systems are fun when they work but usually a disaster when they finally fail (and they ALL do)



To: MythMan who wrote (52719)7/22/1999 1:00:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
tick is -1500 ho ho

MER now negatory



To: MythMan who wrote (52719)7/22/1999 1:27:00 PM
From: Les H  Read Replies (3) | Respond to of 86076
 
he's expecting more downside tomorrow so he has a buy-in at the lows for Friday. it's always fun and exciting to buy into a fast sliding market on a Friday afternoon and hold over the weekend...



To: MythMan who wrote (52719)7/22/1999 3:50:00 PM
From: John Pitera  Read Replies (4) | Respond to of 86076
 
yeah but his buy in window seems rather large...from now until tomorrow? if we
tank today and bounce somewhat tomorrow does that count per his signal?


Myth what I have never understood about Don's system is he says that the buyin is the low between say 12:30 today and the low tomorrow.

So right now the low was before 1PM today, how do you know to buy then, IF we go down 400 djia points tommorrow and then bottom that's the low but how do you know , except in hindsight. Do you follow me on what I am saying.

lets say the djia goes down 100 points in the first hour and we say yes this is the low, lets buy the sept S&P contract. Then the djia rallies 30 points and sells off 400 points you are getting killed.

How can his signals be used to trade?

John