Replies to post #1027 on The Black Box

[WinLoseOrDraw]

i'm seeing an awful lot of people expecting a gap'n'crap. personally, i have no opinion on whether or not it happens - all the data/backtest i have is pretty inconclusive - so all i'm left with is the trend, which is up across all timeframes of interest.

[TREND1]

wahz
You wrote
Total gain: $9.88.

Annual rate of return on closed trades is over 400% as of 4/15/03

questions?
(1) roughly 9.88/26.00 = 38% return for roughly 4 months
(2) 12months/4months = 3
(3) 3 times 38% = 114% yearly return.
(4) Still alot better then 10% times 3 = 30%, which is my
yearly return.
(5) Just wondering ???

[sylvester80]

I agree. Don't follow the Z thread anymore for the many reasons you mentioned plus some of the stuff coming from there are just downright stupid (I mean Z has been calling for a nassacre now for ever LOL). In fact my monthly profits have more than tripled since I turned off Z. :)

Good luck to all. BTW, nice trade AH. I only got hit at 26.80-26.85 on my QQQ longs.