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

To: edward miller who wrote (50)	2/6/2000 8:57:00 PM
From: donald sew	Respond to of 428

Edward, I guess the best way to explain it is with my trading style which benefits in a volitile trading range, being able to go both ways and just play the oscillations. Im not sure that if the market was to tank that I would make as much since I have the tendency to not hold too long, and vice versa on the long side. Most look for the strong upmove or downmove, but I look for the trading range. We started trading on JAN 21 and so far we had 5 trades with an arithmetic profit of 44%. Before I started this tracking exercise I also played the downdraft from JAN 3 and netted 26% on the USPIX in one trade, so if I was to total just the percentages with the current tracking trades it would be about 70%, and this is while the NAZ is now basicly the same as the early JAN highs. I hope that when/if we do sell off strongly I will be able to benefit for most of the downdraft, but I doubt it, since it is really not my style. So my weakness is not being able to hold for the bigger move, and hopefully with this thread that may help. Identifying these oscillations is relatively easy for me, but making the decision to hold is a real tough decision for me. seeya