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 : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Charles Kalb who wrote (4028)	6/1/1999 4:56:00 PM
From: Dr. Stoxx	Read Replies (1) \| Respond to of 39683

Charles, Very fair question. I should have made it clear that SWS, as my other short positions in RRRR and UNFY, are not classic BTT trades but follow my "new system", which keys off drops in RS as listed in the IBD. Stochastics are not used in this new system. After 6 weeks of trading, I've closed 18 trades, 11 of which have been winners (6 of these were papertrades since Datek did not have the shares to short). There are 3 open positions. Returns including the open shorts are now up to 35% ($5k positions, holding a max of 5 positions at a time). This is not enough, I feel, to warrant making the system known. These are high risk trades, and I also want to see how the system does in a stronger market. My suspicion is that these gains will easily disappear once the bulls return. PS: SWS looks ripe for a turnaround...I agree. Hope this helps, TC.