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

To: mistermj who wrote (166)	2/5/2004 4:52:14 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 321

mj, The market has continued to trend - Jan 28 was in fact "the" day which signaled a new downswing on the daily chart, and that down swing remains intact to this day. trendvue.com The scary "sell" day (or buy a short fund) was the 28th, but of course, the scary days are always the safest in the end. Earlier in the year it seemed that your system was generating a lot of signals - during consolidation periods, many indicator driven systems will. For an end-of-day system this can be very painful, leading to a lack of trust in the system, which of course - inevitably and ironically - leads to the system user not trusting the system when they really should (Jan 28 for example). I hope you are making progress on it. Cheers Mike