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To: Eric P who wrote (2712)1/30/1998 10:00:00 AM
From: xstuckey  Read Replies (1) | Respond to of 12617
 
Hi Eric,

I use my model to trade Intel, always having a position, switching from long to short to long on alternate trades. On average, I make 6 trades per month so I am in each trade about 3 days.

Currently, the model has me long Intel and will give a signal to go short next. Now, I don't know how you feel about this stock, but the idea of shorting it doesn't appeal to me. This is typical using the model.

Without meaning to, and perhaps this is instructive, I have designed a model that gives counterintutive signals. Trust me, there are few signals that you will actually embrace.

It is not a matter of backtesting. I have been trading this model and have the profits to show for it. It is more a feeling that "this time is different" and it happens more often than not.

Best Trading, X



To: Eric P who wrote (2712)1/30/1998 3:58:00 PM
From: xstuckey  Read Replies (1) | Respond to of 12617
 
Hi Eric,

What could have happened happened and my model gave a sell signal on Intel. I closed my long position and am now short. If I weren't dancing with the one that brung me, I wouldn't have made the trade.

Another example of infrequently getting to make a trade I think will produce a positive result.

Best Trading, X