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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (32206)	8/31/1999 5:17:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 44573

I have buy signals on the S&Ps all the way across. These are short term buy signals only and not position trade signals. One to 3 day play. I am leaning toward one day unless bonds cooperate. Be careful on the telecoms, they are weak amid worries of price wars on long distance. Pete, is there a good exit strategy you have found for back testing. Using MetaStock, my signals show up as great trades ut there must be some slop in my programmed exit strategy as I know I would exit one way but it shows that I lose money on every trade and never exit as expected. It has to be a bad formula somewhere but I can't find it. I have tried various percentage trailing stop losses, point sized stops etc. all to no avail. Nemer, my condolences on your loss. His wife is lucky to have a family for support like yours that was around for so long. That should help all of you I hope, to get through this tough time. Good Luck, Lee