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To: Patrick Slevin who wrote (265)3/13/2000 1:47:00 PM
From: fut_trade  Read Replies (1) | Respond to of 797
 
...the played drop Long myself

That must have been a fast profit judging by the strength of the rebound this morning.

...parabolic system

I looked at Wilder's SAR system, but it seemed to me that whipsaws would hit that trading system hard. It seems to buy high and sell low on a short time frame if I understand it correctly.

I noticed that you had pattern recognition on your SI profile. Do you use candlestick patterns or is it based on other types of indicators? One thing I don't like about candlesticks applied to cash indices is that the opening value for the index is not well defined (It's actually yesterday's close for the NYSE). So some of the candlestick patterns may not appear.