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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: BigLouie who wrote (10333)1/9/1998 7:54:00 PM
From: Esteban  Respond to of 79237
 
Sorry you lost on your first attempt Mario. By our current parameter DAVE was definitely a cat. Hopefully we can further refine the method to build an even higher success ratio of signals. But GEEZ, who would expect ANY stock that didn't have unexpected good news to perform in a market like today's and yesterday's. Bad luck on the signal timing is what I'd chalk it up to.

Still, one of the most attractive features of this system is the close stop loss point and the propensity for the cats not to gap down following a signal. No it's not a 100% sure fire thing, but I like the risk/reward ratio.

I'm mostly paper trading these right now, trying to get a feel for the dead cats. There's no test like real trading, but remember we've just recently begun to look into these in depth, beyond Doug's original discovery of the signal day phenomenon.

Esteban