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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Ken Adams who wrote (4087)	6/6/1999 9:36:00 AM
From: Dr. Stoxx	Read Replies (1) \| Respond to of 39683

Hi Ken, By "interesting results", do you mean good? MT20>0 I assume refers to the momentum indicator (or ROC) which I've set for "20 day as positive". These settings seem to come up with 4 to 5 nice looking BTTT candidates each day...though I haven't played around with other alternatives much yet. I daytraded 3 of the picks Friday with excellent results. Bought in at 10 am after seeing strength confirmed, and got out at 3:45 with profits in all three. I would have held, but I just have little confidence in the market establishing even a short-term trend right now (though I am holding SPY long...and several other longs with intermediate term prospects). We'll see how these picks continue. Let me know if you come up with any other good BTTT scan. Hope all else is well, TC.