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Strategies & Market Trends : KEEP IT SIMPLE TRADING -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (8)	7/21/2003 9:30:42 PM
From: mistermj	Respond to of 321

Yes mishedlo the system is now short the SP500.I am using the Rydex Ursa Fund.(RYURX)as a proxy to short the SP500 for the CONSERVATIVE SYSTEM. I am using the Rydex Tempest 500 Fund(RYTPX)as a proxy to short the SP500 with leverage (correlates to 200% inverse of the S & P 500 Index on a daily basis)for the HIGH RISK HIGH REWARD SYSTEM. There are no predetermined timeframes for trades,it depends on market trends. There has been roughly 10 whipsaws since July of 1998 or about 2 a year.They are designed to be short with small losses "RELATIVE" to the gains of the system.The ADVANCED SYSTEM will try to further eliminate whip saws or use them as profit opportuniites. The core system has proven scalable and has been traded with real money from 5 min.chart daytrades up to weekly trades with a number of different stocks and indices.I have not traded Gold,bonds or currencies but the XAU would have generated beautiful returns since 02.In fact the XAU chart is better looking than the SP500 over the last 2 years. Much of the system is based on Fibonacci numbers or golden numbers used in a new and unique way. I have much more to explain and post in the coming days.Thanks.