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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (12)2/5/2000 11:06:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 428
 
That's a real nice site you and Lee have put together. Very professional. Do you track the SPX funds per trade also, or only USPIX & UOPIX?

I keep my market trading data based on the SPX, and the ULPIX and URPIX would make a great comparison.

I started the trading exercise in 8/99, and orginally I used a 30 min. TRIN chart MACD crossover as the signal. It did quite well till about a month ago, when the signals began coming way too late.

I switched to a 30 min. SPX, MACD cross over, and it has worked quite well again in this trading range market lately.
It has returned about 50% since August- If it were leveraged 1.8X. It would be about 90%. Buy and Hold my arse. <g>

Congratulations on the success with your strategy,
TW



To: donald sew who wrote (12)2/6/2000 11:49:00 AM
From: Lee Lichterman III  Respond to of 428
 
Ooops, thanks for pointing out the profunds sheet. I did update Friday's trade but got caught being lazy and copying the data from the previous trade and forgot to change the dae. The last line should read 4 Feb not two trades on teh first. I will fix this in a second.

I still am not as cautious here as you were but I need to run through some more charts as I was very busy yesterday and still have more chorse in the yard to do today. I am still seeing the chance of a bounce before the next leg down although the pennent is a very ugly looking sign.

As you recall, I tend to look at both the indexes themselves and the underlying issues within those indexes. There are a lot of over sold issues within the DOW that could get dead cat bounces before teh next leg down begins. Also while low percentage, the inverted H&S has not been violated yet shown in the 30 minute charts. I am still seeing a remote possibility of a rally to the 1455 area on the SPX before a reversal down hard should begin.

I am as usual way behind the power curve so until I catch up, I am not too sure of anything. I did see enough of a dangerous situation developing to try for QQQ puts in an extremely small position but missed getting filled by a couple of minutes so I am flat.

I do find it fascinating that you are targeting the Wednesday time period which is in line with CSCO reporting after the close Tuesday. Things that make you go Hmmmmmm. Their revenue growth was paulty last reporting cycle so who knows. Of course they will announce a split so fundamentals may not matter yet again. <ng>

Goodluck,

Lee