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Re: None

Tuesday, 11/26/2002 9:52:39 PM

Tuesday, November 26, 2002 9:52:39 PM

Post# of 139
food for thought .......

does anyone remember the article by FORBES(??) commenting and interviewing some of the daytraders ..... during the bull mkt run .....

one of the main features of that article was an ex-pool contractor out of .....seattle (???) ....who made $12 million daytrading using the AIQ system .........
thats right ....twelve million US dollars ......

while DARVIS made $2M ...which is nice ......
there were quite a few people making vast fortunes in " the bull " mkt .....

==BUT==
where are they now ??? .......
a better question would be
.... how are they playing the mkt now ???

the point is ...... as ZEEV pointed out ......
this system is one of many that works in a bull mkt .....
but i dont think it works in a bear mkt .....

ZEEV's algorithmic thought process works ..........
but only if youre a daytrader ........

again .... ZEEV's method is probably a hybridized (but much improved) verson of Darvis's method .......

the point of all this ......
dont read too much into the original darvis theory .....
and what works in a bull mkt , does not necessarily work in a bear mkt ......

besides .... i noticed in a bear mkt ......those stop losses are gonna kill your returns ..... ( again ..this was commented on by Zeev ) ......

good luck trading ....

cya
david




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