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Alias Born 08/13/2003

Re: denmo83 post# 529

Monday, 08/18/2003 9:01:37 PM

Monday, August 18, 2003 9:01:37 PM

Post# of 12022
Still holding my S&P500 longs.

With the denmo6, it won't get me out at the top(ask WSCougar), but it does allow for pullbacks. When I enter the trade, it's like a box of chocolates, I never know how much I'm gonna get. Last March 14th, on the last buy signal, I had no idea the buy signal would last 4 months and 150 S&P500 points. That signal that began at S&P500 830, lasted until July 17th at 980. That July sell signal only lasted a month and issued the current buy signal at 990.5. Now you can say the sell signal was a 10 point loss and I'll agree, but I am now on the right side of the current trade. My set up won't let me get killed being on the wrong side of the trade. My biggest hazard is a sideways market. Like the one we've been in for the last 3 months.

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