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To: Patrick Koehler who wrote (32640)4/29/1998 6:29:00 PM
From: Patrick Koehler  Respond to of 53903
 
On the previous post, the percentages for each day is based on the day's high, not the close.
Patrick



To: Patrick Koehler who wrote (32640)4/29/1998 7:51:00 PM
From: TREND1  Read Replies (1) | Respond to of 53903
 
Pat
Very interesting !
Now we can test it in real time.
MU=30 3/8 or 30 7/16 close.
Larry Dudash



To: Patrick Koehler who wrote (32640)4/29/1998 9:13:00 PM
From: TREND1  Respond to of 53903
 
Pat
I studied your results.
Holding for five full days equals 5% per month.
Or 60% per year.
That is too high !
How about "close to close" ?
eg:
Buy at close today 30 3/8 or open tomorrow.
day 1 April 30 ....last day of month.
day 2 May 1
day 3 May 4
day 4 May 5
day 5 May 6
Sell at close on May 6
.......................
I do not think it will be 5% per month.
Larry Dudash


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