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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (17070)9/4/2002 9:36:27 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 17639
 
<<Merrill Sees Lower Quarterly Revenues
Wed Sep 4, 2:53 PM ET>>

After what they pulled they shouldn't even be back up and running yet. As if 100 million and no admission of wrong doing is enough. Anyone still doing business with that organization should move their account. We can't complain about corruption and then reward companies who played a role.



To: Jorj X Mckie who wrote (17070)9/4/2002 9:44:31 PM
From: Sojourner Smith  Respond to of 17639
 
Thanks, hopefully I am on the right track.

BTW I have been using TradeStation.
It has been very educational backtesting.
I created a system for daytrading that would have produced
fantastic results for the past 2 months.
Worked very good for the past year.
However when I ran it for a period about 2 years ago,
the same system steadily lost money for a year.
Overall, for over 1000 trades for
over 4 years, the system had wild swings on many stocks.

I considered the system useless.
Interesting how a day trading system could work for awhile and then not work at all. It would be one thing if it
got 3 right and 2 wrong, but instead it would get 60
right and then 60 wrong.

The method used a fast stochastic over 30 min bars, also
tested on 10 min bars, and tested with modest targets.
Tested with AMGN, UPS, MSFT, IBM, AMZN.



To: Jorj X Mckie who wrote (17070)9/4/2002 10:50:17 PM
From: AugustWest  Respond to of 17639
 
"It's the flip side of having a brand like ours," he said, adding that Merrill may have gotten more than its fair share of headlines in recent months.



Yeah right. What a jack ass he seems.
The flip side of his quote would read something like.

"The only thing we did wrong was get caught."