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Guy,
Best of luck! My system seems to be setting up for a buy signal soon,
but it hasn't yet and I may be reading the tea leaves wrong. Anyway, I
agree that if you are going to use a system, you have to follow it. Once
you start second guessing, you are finished <G>.
JimG
----- Original Message -----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: Metastock <metastock@xxxxxxxxxxxxx>
Sent: Friday, October 22, 1999 10:34 AM
Subject: Shorting too soon!
> To All:
>
> Well, it looks like our sell signal was a little premature today, but we
> reversed this morning and went short. Got to follow the signals, no
matter
> where they may take you when your system is running 88% profitable (1999).
> This trade may be the one that gets us back to our historical 75% average.
> :)
>
> Anyway, this has happened before, where we jumped in, the market went
> against us and then turned around in our favor. Maybe that'll happen
again.
> We are less invested on the short side, since my brother is off to visit
my
> dad and he does some stocks as well, while I manage the futures side. In
> keeping with our money management rules, we maintained our cool and did
not
> fudge the numbers and increase our positions.
>
> Anyway, whether we win or lose, I try to post every thing (even when we're
> on the wrong side of a trade like today) to let you know what we're doing.
>
> Regards,
>
> Guy
> Fax (630) 604-1589
>
>
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