Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (1815)	7/30/1998 3:25:00 PM
From: Patrick Slevin	Respond to of 44573

Depends on what time frame is placed on the stop. A one minute bar would have me in and out too often. A 5 minute bar would have tracked close enough. But it was still the issue of placing the stop. Co-incidentally, the P-Stop at the point (on 5 minute bars) where I was taken out was precisely the same number as the one I was taken out with.... I had this thing knocked. 1150 on the button. I have to head out; this is just getting me irritated. See you later.

To: Stoctrash who wrote (1815)	7/30/1998 6:55:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

<FAIR VALUE FOR THE S & P 500 IS LOCATED AT 6.60 OVER THE CASH. BUY PROGRAMS WILL KICK IN AT 7.60 WHILE SELL PROGRAMS SHOULD BE TRIGGERED AT 5.90. > What the heck is that, anyway. Where did you get that? Looks like a Camp reco from weeks ago. The P-Stop has an inherent problem anyway. The Stop is intended for exits, not entires. Sometimes I get in when the stop is the other way. The use of the stop as an entry as well as exit device seems to take most of the meat off the trade, so to speak. Anyway, if you are using the above parameters for the Fair Value you have old data.