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was Steve

11/11/08 5:37 PM

#36215 RE: Namiar #36214

i dont know if you remember a buddy of mine that went by sallen. he had a model that worked awesome during high volatility but lost its luster in more normal times. if memory serves he had a 7-800% return in a few years back in the internet boom and bust.

you should take a look at the international funds profunds offers. their average daily move the past few months has got to be up in the 15% range. heck today they moved 8-15.5%. i am still optimistic i can mine 1-200% or more out of these funds over the next few months. it doesnt take too many 20% moves to get there with compounding (roughly 6).

good luck with the short. im in cash and lurking. at this point i would like to see another leg down to previous lows or lower, but the market may not comply. im not willing to put money on it as it is more of a wish than a forecast.

those are great numbers RAIM showed. may it continue to rock!
steve
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kanuti

11/12/08 1:42 PM

#36220 RE: Namiar #36214

Last night I was fairly sure you had made the wrong move but today sure has proved you right!

My little system has not done well this year, in contrast to 2000 where it was a huge winner. But a loss of 1.22% YTD is still better than the market.

System is in cash now but is very close to giving a long signal.