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Replies to #5600 on The Black Box
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Namiar

09/27/03 12:25 PM

#5603 RE: michael03332002 #5600

<<Well, there have to be exceptions to everything and in the future, you will look back on this one and say

" well everytime EXCEPT yada yada"......>>

I use a "scalping" model. I go long when the oversold indicator gets to a certain level using laddered entries. The model has gone long 153 times since 1996. This time I am showing really, really oversold.

<<I too believe there will be a headfake early MON am with some long nibling, then the selling continues, not looking to even scalp a long on MONDAY as will use any bounce to go short w/ a stop at Fridays highs... >>

Any data or charts at least to support your beliefs, or are you strictly a "feelings" based trader??