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To: David who wrote (322)	3/31/2000 5:34:00 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 797

A solid rally across the board should resume today, and the NAZ has come to a significant low which will mark the bottom of this pull back..... GZ

To: David who wrote (322)	3/31/2000 7:00:00 AM
From: Patrick Slevin	Respond to of 797

I thought I mentioned what the parameters of this stop were a month or so back, but to recap briefly there are two stops. When initiated, the system is designed to place an immediate Money Management Stop on the trade at a fixed Price. For the purpose of this system, I found during Test that the best viable MM Stop was about 20 Points. So, if the Trade ever traveled above 1527.72 (in this case) the MM Stop Closes the Trade. Further, there is designed in a Trailing Stop. A Trailing Stop is just that, it Trails the Price with a Fixed Exit point to prevent Profit Loss. For this System, I am able to live with 25 points because that number tested well. So, the SPX Low (late yesterday) was 1474.63; therefore the Trailing Stop is at 1499.63 I'm certain I posted a report gleaned off the system in the past which probably showed where the System was Stopped and whether the Stop was Trailing or MM. I'll see if I can find a post. I'd post another, but 1) It's on another machine 2) I forget how I formatted it the first time. Perhaps the changeover to the "new" SI defeats the method I used before. When I've tried it since, the formatting became too funky to waste time with.

To: David who wrote (322)	3/31/2000 7:04:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 797

Here is a post with the proper formatting. Message 12620346 You can see how the system indicates the type of Exit, whether because of a Reverse Signal, a Trailing Stop, or a Money Management Stop. EDIT I only did nothing, by the way, because I did not know I had a signal. It's just as well, as I did very well on Wednesday trading both Long and Short Intraday. Had I been locked into the SPX Short Signal I suppose I might not have traded as well. What happened was, I re-formatted a number of Screens and added one to the page that the Positional SPX sysem is on. So when the Signal hit I presumed it was one of the Intraday Signals and ignored it. The formatting of the screen threw me off, it looked like a day trade screen.