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Nocona

08/29/06 1:46 PM

#33583 RE: GLENO34 #33552

GLENO:

I did and I apologize for not replying sooner. I assume you mean that if I get a ZLR from anywhere inside the 100 I go to cash and wait for the next signal.

Example: Friday's close I was short and monday morning I covered immediately and went long when we went back above 100.
Your method would be to go to cash and wait for the next signal. This would have worked this time very well.

Example: However about 12 days ago I was short and a ZLR would would have put me in cash. Instead I went back long when it went back above 100 and caught a huge 9% gain.

Thanks
Nocona