here's the post...i don't understand how he went from net long to net short when his criteria was so obviously NOT met and i see nothing indicating a realtime mid-course correction.
i don't know the guy, he may be a trading genius, but on principle i do not put much faith in someone who's record is not public and current. contrast this with someone like velo, who's stuff is immediately verifiable, warts and all.
Posted on Monday, April 07, 2003 - 12:37 pm:
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Chat Notes Mon 4/7/03 12:00 PM
Weekly Signals : (At Today's Intraday High)
DOW, NAZ, NDX : CLASS 2 SELL
SPX, OEX : Borderline CLASS 1 SELL
VIX : Borderline CLASS 2 BUY
VXN : Borderline CLASS 1 BUY
GOLD : CLASS 1 BUY
Daily Signals : (At Today's Intraday High)
DOW, SPX, OEX : Borderline CLASS 1 SELL
NAZ, NDX : CLASS 2 SELL
SOX : OVERBOUGHT
VIX : LOWER MIDRANGE
VXN : OVERSOLD
GOLD : CLASS 1 BUY
Tsunami : CLASS 2 BUY (No closing CLASS 1 BUY yet)
Donald is holding a 5% long position. If the market closes at or near the high of the day Donald will likely go 5% net short. He will not build a greater than 25-40% short as the Tsunami approaches because of the news driven environment.
Nikko_thyme
Intermediate Member
Username: Nikko_thyme
Post Number: 192
Registered: 3-2002
Rating: N/A
Votes: 0 (Vote!)
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