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Re: A "Hierarchy" of Trendiness



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Jan,
<blockquote TYPE=CITE>Hah, you couldn't anyway because ever since I bought
a couple of warrants (calls) on the Nasdaq &amp; the Neue Markt I never
eat bread anymore, just souffle <font size=-2>(which as every cook will
tell you has a nasty habit of suddenly collapsing when taken out of the
oven &amp; put in the cold ;-)</font></blockquote>
Kinda like a bull trap, or some breakouts I've observed.&nbsp; The action
is hot, you think price is serious about rising, only to be disappointed
and left standing in the cold.&nbsp; I'd be happy if I could just master
some bread and butter trades, let alone "Salzburger Nockerl."&nbsp;<font size=-1>
(group:&nbsp; a very rich Austrian souffl&eacute;)</font>
<blockquote TYPE=CITE>>So short term trends are your cup of tea.
<br>Not quite. I guess I've really two strategies (a souffle-kind of word):
<br>1. I follow the mid term trend by counter trading the short term trend.
<br>2. I try to profit by bull/bear traps whenever I can.</blockquote>
Have you developed any criteria to evaluate <i>bull traps</i>, as opposed
to real <i>bull moves</i>?&nbsp; Do you use volatility?&nbsp; Price patterns?&nbsp;
Both?&nbsp; Not that one could ever really say for certain, but do you
have a way of judging when a move looks fishy, and pleasantly fade-able?&nbsp;
Say, some little dance at a former support/resistance level?
<blockquote TYPE=CITE>I do this by following/scrutinying just a few issues
I (think to) know well &amp; feel comfortable with.
<p>Tactics? I'm a linear regression fan (the line study in MS);</blockquote>
That's something I need to investigate.&nbsp; It's come to my attention
a couple of times recently.&nbsp; I have homework to do here.&nbsp; Thanks
for pointing it out.
<blockquote TYPE=CITE>I use the open of today vs. the yesterday's open
as the trigger; I start out with a very, very narrow stop (if the trade
doesn't immediately show a profit I've made a mistake in my market evaluation
&amp; I'm out like a scalded (hopefully only by my whiskers) cat) which
I gradually widen to something like two to three ATRs from the lates peak/trough
(<b>never ever</b> lowering/raising it).</blockquote>
I understand.&nbsp; Do you also require a certain show of strength/weakness
for your entries?&nbsp; For example, as I study along and click through
charts, I've been requiring that price move a certain ATR-amount in order
to trigger an entry.&nbsp; Just starting with this, but it seems like it
would help keep me out of lame-assed trades that aren't really going to
take off.&nbsp; So on the entry end it would be:&nbsp; "love me or leave
me" and on the stop end of the trade, same deal.
<blockquote TYPE=CITE>If you are or anyone else is interested in a description
(aka narrative) of my trading style I'd be happy to write a few words about
it - as long as I don't get too much flak about being a long winded old
fart ... sorry, I meant chart<font size=-2>ist</font>.</blockquote>
Speaking only for myself, of course, by all means become a long-winded
old chartist -- now that you've raised the issue, nothing less than a major
megilla will do!&nbsp; &lt;VBG>&nbsp; If you get flak, which I doubt, there's
always email.&nbsp; But I have a strong hunch that there are a lot of folks
"out there" would would not exactly be bored to tears.
<blockquote TYPE=CITE>Finally here's a - at least in this group I think
- heretic statement:
<br><b><font color="#FF0000"><font size=+1>I've never seen </font><font size=-1>or
been able myself to design</font><font size=+1> a purely mechanical system
that</font></font></b>
<br><b><font color="#FF0000"><font size=+1>earns real money under real
world conditions.</font></font></b></blockquote>
You know, they used to burn heretics!&nbsp; Of course, formal apologies
have now been offered.
<br>Philip</html>
</x-html>From ???@??? Mon Mar 13 15:22:00 2000
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From: "Lionel Issen" <lissen@xxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <200003131907.NAA22061@xxxxxxxxxxxxxxxxxx>
Subject: Re: 6.52 crashes very often on Windows 2000
Date: Mon, 13 Mar 2000 16:33:11 -0600
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Status:   

The problem may be Win95.  You may have to update to Win98 2nd edition.
Lionel Issen
lissen@xxxxxxxxx
----- Original Message ----- 
From: Al Taglavore <altag@xxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, March 13, 2000 1:08 PM
Subject: Re: 6.52 crashes very often on Windows 2000


> If anyone could offer assistance on the identical problem with 6.52 using
> Windows '95, I would appreciate it also.
> 
> Al Taglavore
> 
> ----------
> > From: rosewood_island <rosewood_island@xxxxxxxxx>
> > To: metastock@xxxxxxxxxxxxx
> > Subject: 6.52 crashes very often on Windows 2000
> > Date: Monday, March 13, 2000 10:32 AM
> > 
> > Does any one experince problems with MS 6.52 on Windows 2000?
> > 
> > When I scroll through securities using the arrow buttons at the lower
> > right-hand corner, sometimes I get a messgae
> > "Insufficient data sources to fulfill request".
> > Then Metastock just crashes and terminated.
> > It happens once every 10-20 securites. I didn't have this problem with
> > M.S. 6.5 on Windows 2000. After using 6.52 for a few months, I'm
> > tierd of this problem. 
> > 
> > Could someone kindly offer some hints? Thank you very much.
> > 
> > R. I.
> > 
> > 
> > __________________________________________________
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