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Re: Simplicity



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Al, have you written an exploration for this?
H
-----Original Message-----
From: Al Taglavore <altag@xxxxxxxxxxxx>
To: MetaStock List Group <metastock@xxxxxxxxxxxxx>
Date: Tuesday, July 14, 1998 1:40 PM
Subject: Simplicity


>To Richard, David, Rajesh, and all.  I do believe I have found the Holy
>Grail  IN THIS MARKET.  I normally trade only the T-Bond and currencies,
>but, because of the last 3-4 weeks of extreme volatilityin the bond and
>currency markets, trading was beyond my risk/reward factor.  As such, I
>returned to my small database of stocks.  I immediately saw an opportunity.
> My last  12 trades have been very profitable.  I will share my discovery.
>If the stock makes a new high, then exceeds the high by 1/4 of a point,
>buy.
>That's it.  Simple.  Not looking for bottoms or triangles or
>head&shoulders.  No oscillators.  No indicators.  If the stock closes 1/4
>below the previous day's low, close the position.
>
>Remember, guys, I said "in this market".  Like Richard implied, a bull
>market makes many of us look good.
>
>Al Taglavore
>