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Re: bub37 post# 627

Thursday, 12/07/2006 4:41:46 PM

Thursday, December 07, 2006 4:41:46 PM

Post# of 2827
Hi Bub; Yes, I am one of those Rydex traders, and a sub to the TMG system. First, as to the signal itself...it has been phenomonal, as can be seen by the record since it has gone public. Second....it is a system designed to trade at next-day-open..obviously a problem for us Rydex users.

I find the 10:30 order time is not usually optimum, because much of the days move has already occurred by that hour. I think one would profit because the signal is so good, but you would also leave a lot on the table.

The Capt provides a preliminary signal for the next day position by 3:30......if the system remains stable, that is the signal for the day. If there is a change, he tries to let us know of the change by 3:45-3:50..so we can still make the 3:55 cutoff for dynamic fund orders.

I have been taking the recommended preliminary position about 3:50, so that I get the eod position change. It has worked pretty well, so far. Of the nine positions recommended by the prelim signal, 8 were profitable when take end of day....the one day that was a loser, there was a late change in the signal, so I was on the wrong side of the signal.....I want to emphasize that the signal at the eod was correct, it was just that the signal was wavering by 3:30, and changed after all the compilations were completed after the market close.

What I should have done was just go to cash in that instance, since the Capt mentioned in the prelim note that it could go either way later.

Hope this helps. Regards.

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