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M3

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Alias Born 10/01/2003

M3

Re: Namiar post# 5536

Wednesday, 01/14/2004 6:03:45 PM

Wednesday, January 14, 2004 6:03:45 PM

Post# of 37180
Warp, I've been reading your calls and have found that your model must be very similar to a new one I have developed, though yesterday I went 100% long and jumped out for Intel. We could reach very oversold levels tomorrow early for a nice intraday scalp, depending on IBM.

Regarding your five day OS long, are you saying you eventually hedge after 5 days both short and long if the market continues to go down?

Does it work the same for OB? If so, how would it have worked in the parabolic move of 99? Is there ever a time you would not have gotten out break even? It's an interesting strategy I could have used recently going 2X short DIA WAY TOO EARLY <g>.

Good trading.

M3

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