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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: peter n matzke who wrote (235)8/18/1999 10:43:00 AM
From: Patrick Slevin  Respond to of 7434
 
One thing just popped up that bothers me....

All my best Neural Nets are Long, all my Nets as a group are Long except for One Short and One Flat.

My TS systems....relatively new but successful....have been Long since 1321.70 on 8/5,

BUT, my worst TS System, which is a consistent loser....is based on Intraday 30 minute charts....it just went Long.

I mean, this system is definitely a contrarian indicator.

Couple that with the fact that one of my best Nets is bordering on Short and the Pattern analysis that suggests a Selloff. Plus, the Indicators I use for trend are getting sloppy.

I think it's a good idea that I am getting out of here. I have this sense of foreboding that I cannot shake. Still Long at the moment though.



To: peter n matzke who wrote (235)8/18/1999 10:49:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
Eh, spent too much time deciding on a Stop.....was going to use 41.40 and by the time I got to the phone it was history

Naturally, I ended up with the Low of the bar at 40.50