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Walter,
Are you sure you wanna go there?
Steve Karnish
Cedar Creek Trading
http://www.cedarcreektrading.com
----- Original Message -----
From: Walter Lake <wlake@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, May 09, 2000 5:45 PM
Subject: nasty, nasty
> Hi Steve
>
> Thanks for the list of TA goodies.
>
> Do you ... or does anyone else have System Tester code written to list the
> occurances of "nasty, nasty".
>
> I assume that you use engulfingbear() as your signal to enter and then ...
> how many days would you set before exit? I assume that you could use the
> optimizer to set different days-in-trade.
>
> Once the trades are listed in the system tester, then they can be "copy
and
> pasted" into Excel to plot the distribution and stats.
>
> It'll be interesting to get some data on this "bad boy".
>
> Best regards
>
> Walter
>
> ----- Original Message -----
> From: Steve Karnish
> To: metastock@xxxxxxxxxxxxx
> Sent: Tuesday, May 09, 2000 12:48 PM
> Subject: Re: (Market) A few trades I am looking at
>
>
> Jeff,
>
> Sugar is always a quirky market to trade...but, we whack at it from time
to
> time. Currently, we're waiting for a retracement to the 6.10 level. We
> feel there is evidence gathering that will allow us to position lower:
>
> 1. Monday's "bearish engulfing candle"...nasty, nasty
> 2. The curl on the 13 day moving average looks like Elvis Presley's lip
> 3. The major trendline is at ~6.10
> 4. The 144 day moving average is at ~6.10
> 5. The 34 day moving average is at ~6.10
> 6. The 38.2% retracement from the high is at ~6.10
> 7. And the continuing divergence between the momentum oscillators and
price
> 8. Did I mention the gap at 6.10?
>
> I could always change my mind (I mean, like wow, the markets are so
> dynamic). Lots of folks, who have made lots of money (from under 4
cents),
> are "pressuring" to initiate new long positions. For the moment, we're
> trying to placate them with an array of technical reasons why they should
> keep the "powder dry".
>
> Steve Karnish
> Cedar Creek Trading
> http://www.cedarcreektrading.com
> ----- Original Message -----
> From: Jeff Ledermann
> To: metastock@xxxxxxxxxxxxx
> Sent: Monday, May 08, 2000 7:54 PM
> Subject: RE: (Market) A few trades I am looking at
>
>
> Adam,
>
> With regards to Sugar my reading of the chart is bullish. Technically
Sugar
> has been very well behaved
> for a change with the last two moves fulfilling measuring implications
> precisely. The latest pennant
> implies a move to 7.14 which just happens to be the next Fib. level up.
(Of
> course this assumes it can punch
> through the current Fib level otherwise you may well be right. At least
the
> pennant gave me a nice tight stop)
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of Adam Hefner
> Sent: Tuesday, 9 May 2000 12:52
> To: metastock@xxxxxxxxxxxxx
> Subject: (Market) A few trades I am looking at
>
> For 5 / 9 / 2000
>
> Jun S&P 500
> Short MIT = 1441.75
> Stop = 1458.
> Target = 1390-1394
>
> Jun Live Cattle
> Long MIT = 68.475
> Stop = 68.2
> Target = 70-70.1 ( monthly )
>
> Jul Sugar
> Short MIT = 6.5
> Stop = 6.75
> Target = 5.6 (optimistic monthly)
>
> These are NOT trade recommendations....this is JUST a test. DO NOT TRADE!!
>
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