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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?

To: ccportfolio who wrote (150)	6/23/1998 7:26:00 AM
From: jjs_ynot	Read Replies (1) \| Respond to of 2317

This is in essence similar to what many here try to do. The problem is that 2 sigma will change every day as well as the mean unless he is talking about on a weekly basis. Then you stand a better chance. It is best to keep the time to expiration fairly short so that the mean and std. deviation are less likely to change against you. Will be happy to discuss in more detail.

To: ccportfolio who wrote (150)	6/23/1998 4:50:00 PM
From: Tom K.	Read Replies (1) \| Respond to of 2317

I believe this is a rewrite of a book he put out a few years ago (I read) where he suggested the same thing with equities. Now he is suggesting indexes. Obviously he would not be writing books for a living if the system really provided the returns he claims. If I recall, the claim of 95% accuracy was simply a fancy restatement that statistically 2 sigma will only occur 5 out of 100. I think my fault with the system was not the statistical claim (that was accurate), but the ability to locate the conditions and then do the trades he was suggesting. I'll try to remember to dig out the book and refresh my memory. Be cautious.... if it's too good to be true then it is. Tom