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In a message dated 08/09/2000 11:30:05 AM Pacific Daylight Time,
grt@xxxxxxxxxxxx writes:
<< Nothing beats the old moving average approach when you have a trending
market. Unfortunately we never get enough of these types of markets to
consistently make a buck or two. I guess that's why all of us spend so much
time developing other methodologies. :)
Personally, one of our worst years in recent memories was that trending
market a few years ago. We spent unbeliveable amounts of time trying to
figure out how to trade it, and after all of that work, managed to
break-even for the year. Everybody else made the big bucks.
Guy >>
Guy,
I'm with you on the "unbelievable amounts of time" quote. But I wouldn't
do it if I didn't enjoy the battle - Lenny
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