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Strategies & Market Trends : Book: Hit And Run Trading by Jeff Cooper -- Ignore unavailable to you. Want to Upgrade?


To: ojai who wrote (333)5/29/1998 5:19:00 PM
From: Clarence Dodge  Read Replies (1) | Respond to of 438
 
ojai.

I subscribed to the momentum email service for too long early this year. Lost $$$. I believe market conditions must be strongly trending (long or short) for at least the momentum method to work. Many whipsaws, by the market taking out stops, then the MMs started to lay sedge (sp). I've heard his hit and run service is more reliable if you have time to daytrade. Markets for the last 2-3 weeks must be destroying the momentum email portfolios.

Clarence