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What is a FibCMO? Please and thanks. Ken
John Manasco wrote:
> 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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