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JingLarry

06/04/02 1:02 PM

#927 RE: Myst #926

Myst - I have one simple question....how do you know your system works? There are thousands of systems out there that claim to be the "Holy Grail". Now to your credit, I am not saying that you are implying that is is a "Holy Grail", but then again you are suggesting that this is some remarkable system.

The many examples you site, including QLGC with a 120% return are optimized. There would be no way to know those optimized setting before hand. Now, I have been playing around with your spreadsheet with a large number of stocks. As you have suggested, I went to PCQuote and ran a list of stocks of high volume stocks from the Range Riders. I then went to Yahoo and got historical pricing from 05/18/01 - 11/27/01 and optimized the deviation settings. Then I went back to Yahoo to get historical data from 11/28/01 - 05/31/02 and plugged into the spreadsheet using the optimized data from the earlier period. The results were OK but nothing special.

It is not my intention to attack you. If I am doing something wrong, let me know. I just don't understand what all the hype is all about.


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irwin

06/04/02 2:47 PM

#937 RE: Myst #926

Your missing my point your system simply put is based on bands and AIM money managment for your buy and sell signals.What I'am saying is using bollinger bands and AIM money managment
for buy and sell signals is not much different.
I used 14 Bollinger 2.0 dev for the QQQ with my data base I get 33.01 and 28.85 your website has posted for QQQ 33.63 and 28.81 not much difference?
I don't use any spreadsheet's
For those people that don't have any charting software to see what I'am trying to explain might be the very ones willing to pay for X_DEV.~MYST~ seeing as how you can post such super charts it could be to everyones benefit if you could post a chart with 14 bollinger 2 dev on the QQQ.
here are the last few days buy sell ranges.
33.01-28.85
32.99-29.36
31.18-29.42
33.23-29.66
33.28-29-90
your web site just post's the current day's values someone should have the past 5 days to compare to these figures.
Again I said if someone needs to buy a program to do the math to figure the shares needed to buy or sell for the AIM money managment part,so be it.
BWTA
Irwin