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

To: ViperChick Secret Agent 006.9 who wrote (15728)	2/17/1999 2:22:00 PM
From: Tom Trader	Read Replies (2) \| Respond to of 44573

>>do you still focus on the BKX I thought that I had found the Holy Grail when it comes to day trading with a methodology that took positions short or long based on confirmation by the BKX, SOX, NDX and a couple of others. Basically when everything was on a buy for each day -- then I'd day trade aggressively on the long side. If everything was on a sell, I'd day trade aggressively on the sell side. Otherwise I'd stand aside as far as day trading was concerned. Really a filter -- and it worked out incredibly well esp when I combined it with the turning points that were posted. Everything fell apart over the last week when this stopped working the way it had -- and that is part of the reason for the draw-down that I went through --but it was also the reason for the superior returns that I was achieving until things went awry. So at this point I am not sure how to use these indices Long answer to a simple question