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Guy,
Out of longs with 10th consecutive profit and a bunches of trades to prove
it. Of course, I a lying, cheating, fool who does nothing but take
advantage of everyone on this lovely forum.
Disclaimer:
The Cedar Creek Trading daily comments, technical indicators, and
suggestions are provided for information purposes only. The information
contained herein is obtained from sources believed to be reliable but is not
guaranteed to its accuracy or completeness. Commodity trading may not be
suitable for readers of these pages. Readers using the information contained
herein are solely responsible for their own actions. No representation can
be made that recommendations will be profitable, or that they will not
result in losses. This information is neither an offer to sell nor
solicitation to buy any of the commodity futures mentioned herein. The
writers may or may not be trading in the commodities mentioned. Hypothetical
or simulated performance results have certain inherent limitations. Unlike
an actual performance record, simulated results do not represent actual
trading. Also, since the trades have not actually been executed, the results
may have under-or-over compensated for the simulated trading programs in
general are also subject to the fact that they are designed with the benefit
of hindsight. No representation is being made that any account will or is
likely to achieve profits or losses. Futures trading involves financial
risk, lots of it!
Steve Karnish
Cedar Creek Trading
http://www.cedarcreektrading.com
----- Original Message -----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, August 07, 2000 5:24 PM
Subject: RE: Still long...until the morning
> Steve,
>
> Never got your "poop" sheet.
>
> Bought our dad a new 700MHz box with 40GB of disk, etc. This should keep
> him busy for a while.
>
> Talk to you later.
>
> Guy
>
> Never be afraid to try something new. Remember, amateurs built the ark,
> professionals built the Titanic.
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of Steve Karnish
> Sent: Wednesday, July 26, 2000 5:09 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Still long...until the morning
>
> Guy,
>
> I'm wit ya again (as they say in Detroit). The shorts that we initiated
on
> 7/13 @ 1510.50 will be covered on the opening and we'll be going long.
> Seems a bit early to me...but, that's why I trade it
mechanically...nothing
> ever "seems" as it really is. This will be our ninth consectutive winning
> trade in the S&P's (all neatly accounted for in "real" accounts) and this
> completes the 50th trade (in this market) since 1/1/99 with 42 winners. I
> send you the "poop" sheet so you can compare your trigger days with ours.
>
> Take care,
>
> Steve Karnish
> Cedar Creek Trading
> http://www.cedarcreektrading.com
> ----- Original Message -----
> From: Guy Tann <grt@xxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Tuesday, July 25, 2000 11:04 PM
> Subject: RE: Still long
>
>
> > JimG,
> >
> > We're just a little nervous here. With our longer term stuff still
> bearish
> > and the Shorter and Intermediate term stuff being bullish, we thought
that
> > we'd wait for some more agreement between systems. :) The problem is,
> both
> > of these two systems have been working quite well.
> >
> > I'm about 25% invested in equities right now (including available
margin)
> > and our normal 33% in futures (keeping in mind that we completely
separate
> > these accounts).
> >
> > We had a buy in PEB as well, but thought of doing it with options to
limit
> > the risk to our investment. We then looked at it a second time and
> decided
> > to pass. We've done quite well in IMNX this past quarter.
> >
> > We're now looking at changing our trading pattern and buying and selling
> > fewer stocks while increasing the number of shares to 800 or 1,000 per
> > trade. We can trade up to 4 or 5k shares for $14.95 as opposed to 200
for
> > $14.95. I'm sure there is a tradeoff between building our own mini-fund
> and
> > fewer stocks, but we'll watch this closely.
> >
> > I think we're going to restructure our trading portfolio. We'll leave
> > whatever we have in futures alone, since that is doing so well. Of the
> > equity account, we're thinking of taking about 25-33% and trading our
> longer
> > term options system (sig & 700) and doing that separate from the rest
> which
> > we'll keep trying to refine. We are getting a little better; not much,
> but
> > a little. :)
> >
> > With regard to your traveling, I have to go home next month to visit the
> > guru for a few day as my parents are getting up there in years and I
need
> to
> > get back periodically. My brother makes it about every 3 or 4 months.
> > Since all of my health problems, I've only been back once in the last
4-5
> > years. Oh well, got to make reservations, but just getting there via
> > Northworst Airlines is a real treat. Sort of like Greyhound of the Sky.
> I
> > hate that airline. I'm going to check out flying via Dallas, since we
> have
> > friends who moved there that we haven't seen for a while.
> >
> > I still have 250,000 miles in my United account, not counting
Northworst,
> > Delta, TWA and others. I think that next year, we'll buy tickets for
the
> 3
> > of us to Australia and upgrade them to First Class and wipe out the
> balance.
> >
> > Off to bed. I've been reprogramming all of our indicators using
variables
> > and the new syntax and I have to say that the speed has dramatically
> > improved. What used to take 2 to 3 minutes in earlier MS versions,
> > decreased to 30-40 seconds in v6.5.2, has dropped again to less than 2
> > seconds in v7.01 (I still need to add one more indicator, but even if
you
> > double the time to 4 seconds, it's pretty good, if I do say so myself.
> For
> > what we do, Equis has done an excellent job. Remember, I'm still
running
> a
> > PII-400 with 196MB (the slowest computer in the house). With all of the
> new
> > features, it looks like we'll be able to use System Tester for the first
> > time in 10 or 15 years. Following that, we're going to check out
> "experts"
> > and build one.
> >
> > Guy
> >
> > Paranoia...you only have to be right once to make it all worthwhile!
> >
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On
> > Behalf Of Jim Greening
> > Sent: Tuesday, July 25, 2000 5:09 PM
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: Still long
> >
> > Guy,
> > Let me know when you jump in all the way <G>. I don't know what
I'm
> > doing traveling this much, as you said, I'm too old for it. It just
> seemed
> > to start all at once, now I can't turn it off. Hopefully, I'll be home
> for
> > a while now.
> > I was stopped out of PEB and IMNX today, but I'm going to look for
> > replacements tonight.
> >
> > JimG
> >
> > ----- Original Message -----
> > From: "Guy Tann" <grt@xxxxxxxxxxxx>
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Monday, July 24, 2000 10:39 PM
> > Subject: RE: Still long
> >
> >
> > > JimG,
> > >
> > > I actually only put my toe into the pool on Friday, investing a total
of
> > 7%
> > > of my portfolio. I bought some more today, so that I'm about half
> > invested.
> > > We got another buy signal for tomorrow, and they now include both of
our
> > > ITS. Now the big question is, do I have the cajones to buy some more?
> > >
> > > Now, you have to remember our NEW option trading system is still
> bearish.
> > > Wish I had kept those Puts, etc.
> > >
> > > I have to apologize to everyone, but the results I posted from the
> SIG/700
> > > are not option results. These are the results comparing our existing
> > system
> > > (SP39 plus either ggg or 66R as our ITS confirming) with a revised
> system
> > > (SP39 combined with the ggg, 66R, SIG or 700 whichever comes first).
> > That's
> > > anyone of the four confirming the SP39 signal. We're still writing
the
> > > rules up for this one and are not trading it (yet).
> > >
> > > I'll have to dig out the SIG/700 option paper trading results, but
> they're
> > a
> > > little spotty. As I recall, it was 100% correct in 1997, 51% correct
in
> > > 1998, 100% correct in 1999 and 100% so far this year. Have no idea
what
> > > happened in 1998 that would screw up this perfect system. :)
Actually,
> > I'm
> > > happy with some losers, since any system that runs 100% correct is
> highly
> > > suspect, at least to me. I have absolutely no idea why all of the
> losers
> > > would come in one particular year.
> > >
> > > What are you doing traveling? I thought that people our age weren't
> > allowed
> > > to do that anymore.
> > >
> > > Guy
> > >
> > > Paranoia...you only have to be right once to make it all worthwhile!
> > >
> > > -----Original Message-----
> > > From: owner-metastock@xxxxxxxxxxxxx
> > [mailto:owner-metastock@xxxxxxxxxxxxx]On
> > > Behalf Of Jim Greening
> > > Sent: Monday, July 24, 2000 5:31 PM
> > > To: metastock@xxxxxxxxxxxxx
> > > Subject: Re: Still long
> > >
> > > Guy,
> > > I just returned from my latest business trip only to see that you
> are
> > > going long again. Hope you're right since I'm still long <G>.
> > >
> > > JimG
> > >
> > > ----- Original Message -----
> > > From: "Guy Tann" <grt@xxxxxxxxxxxx>
> > > To: "Metastock User Group" <metastock-list@xxxxxxxxxxxxx>
> > > Sent: Sunday, July 23, 2000 11:45 PM
> > > Subject: Still long
> > >
> > >
> > > > List,
> > > >
> > > > Well, we appear to be early again, but we're buying even more
tomorrow
> > > (but
> > > > not on the open).
> > > >
> > > > We're trying to buy those Value Line recommendations that appear to
> have
> > a
> > > > breakout type chart pattern (at least to us) as opposed to buying
> > equities
> > > > that don't seem to have a strong chart pattern. I used my DataLInk
> Data
> > > on
> > > > Demand for this and it appeared to work without a problem.
> > > >
> > > > The stocks I'm looking to buy tomorrow are:
> > > >
> > > > NTAP
> > > > PMCS
> > > > LLTC
> > > > GLW
> > > > EMC
> > > > NT
> > > > SFA
> > > > ADBE?
> > > >
> > > > I think there was another one on the list but I'll have to get it
from
> > my
> > > > brother in the AM. We don't think we'll be adding anything on the
> open.
> > > > The guru thinks the market may go down to noon (EDT) and then
> > turnaround,
> > > so
> > > > we'll probably go with his instinct. If I'm driving the car pool,
> then
> > I
> > > > won't get back until 12:30 EDT, so I'll be playing it by ear.
> > > >
> > > > I'm also looking at adding some more options, but my brother and I
are
> > > > seriously looking at trading options using this new system my dad
> > > developed
> > > > (he calls it sig and 700 and don't ask me where he comes up with
some
> of
> > > his
> > > > names). We've found that when both signals are in agreement, and
come
> > on
> > > > the same day, we can buy or sell options quite successfully. Here
are
> > the
> > > > results from our paper trading and executing at the open (using S&P
> > > futures
> > > > and not option data for testing purposes):
> > > >
> > > > SIG/700 OLD
> > > > 1997 33/35 94.2% +780 pts 92% +731 pts
> > > > 1998 26/32 81% +893 pts 22/26 84% +762 pts
> > > > 1999 22/24 91% +808 20/24 83% +638
> > > > 2000 16/21 76% +717 pts
> > > >
> > > > Remember, these are all paper trades and the system does have some
> > > > substantial draw downs, which is why we would prefer not to trade
real
> > > > futures with unlimited downside potential. With options, we have
> > > definitely
> > > > limited our exposure. We'll be doing a lot more work on this before
> we
> > > > start to trade real money. In fact, with this system, we should
still
> > > have
> > > > out Puts that we closed out too early Friday morning. Because of
> this,
> > I
> > > > limited myself to only 10 OEX Calls going in the direction of our
> > regular
> > > > trade.
> > > >
> > > > We may end up trading options strictly on the basis of this SIG/700
> but
> > > > nothing has been finalized. If I still had my Puts and those Calls
I
> > > sold,
> > > > I'd probably keep them. Since I don't I'll wait for the next signal
> to
> > > take
> > > > a position.
> > > >
> > > > Guy
> > > >
> > > > Paranoia...you only have to be right once to make it all worthwhile!
> > > >
> > > >
> > >
> > >
> >
> >
> >
>
>
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