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The Grabber

09/19/03 9:21 AM

#9715 RE: Qarel #9714

Hi Qarel:

good luck on your quest for mathematical exactness.

Thanks, I'll need it.

And of course you could try to automate the percentage setting!

I've had that thought as well, but that is further down the road. If I can get the Buy/Sell Cycle mechanics right, the search for an Efficient Volatility Index (EVI) to use in setting the 'bands' will be close behind.

Of course, new News on one's holdings can always throw a monkey wrench into the mix. This morning for example, I went out and adjusted my GTC Buy order on BUCA. They warned after the close last night, and it dropped over 30% in the pre-market. My next Buy was set @ 5.80, and now it is 4.50.
Regards, Steve