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For Steve Karnish
Hi Steve,
I've been using your FibCMO to trade options on the QQQ for some time now
and just wanted to say it's doing great. I put the buy line at -50 and it
has been deadly accurate generating buy signals. The top line has been kinda
iffy on generating sell signals but I'm working on refining that too. Went
long Apr 206 calls yesterday and closed half at 216 for a good profit. The
other half are now pretty cheap so I'll ride them for awhile.
Thanks again for a great indicator.
John Manasco
PS: Tomorrow is the annual St. Patty's day pub crawl and the aircraft
carrier George Washington just pulled in and will be dumping 3500 sailors on
the streets. Bet most of them will be green by nightfall too!
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