Re: Back in the oil bidniz, please help me mr. president

["Steve Karnish" <kernish@xxxxxxxxxxxx>]

Tom,
 
I'm always in the market in all my futures 
positions, but it's too hard for the public to understand how you can sell 
something that you don't own....so, as you can see as you scroll down on any 
chart at my site, I only account for long positions in equities.
 
I never use stops on anything.  It goes 
against CW, but hey, the convention wisdom and the majority of all futures and 
options players (plus a bunch of equity players) lose money.
 
And, yes, "the trend is NOT necessarily your 
friend".  I'm a swing trader.  That's different than investing.  
I adhere to strict money management principles.  This approach is not for 
everyone...so, over the years, I've stopped crusading.
 
Take care,
 
Steve Karnish, CTACedar Creek Trading<A 
href="http://www.cedarcreektrading.com";>http://www.cedarcreektrading.com
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Tom 
  Strickland 
  To: <A 
  href="mailto:metastock@xxxxxxxxxxxxx"; 
  title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx 
  Sent: Saturday, May 26, 2001 7:23 
AM
  Subject: Re: Back in the oil bidniz, 
  please help me mr. president
  
  Steve,
   
  I've got a few questions about your method. 
  They are:
   
  
    1. Are you always in the 
    market?
     
    2. If not, do you use stops?
     
    3. Do you trade against the 
    trend?
   
  If you care to discuss your method further, 
  I'd be interested to hear your comments on these questions.
   
  Thanks and best wishes!
   
  Tom
   
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    Steve 
    Karnish 
    To: <A 
    href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
    title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx ; <A 
    href="mailto:metastock@xxxxxxxxxxxxx"; 
    title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx ; <A 
    href="mailto:Metastockusers@xxxxxxxxxxxxxxx"; 
    title=Metastockusers@xxxxxxxxxxxxxxx>Metastockusers@xxxxxxxxxxxxxxx 
    
    Sent: Friday, May 25, 2001 11:21 
    PM
    Subject: Back in the oil bidniz, please 
    help me mr. president
    
    List,
     
    I seldom publish equity buy signals to the 
    list.  But, here's a play to ponder.  I slapped on the fib 
    retracements for a special three day, weekend treat.  It's a real 
    piece of "eye candy".  
     
    Buy and sell arrows are automatically 
    placed by a Chande Momentum Oscillator, triggering signals, at 
    symmetrical, equal distances from a center baseline.
     
    Anyone with decent analytical software, should 
    be able to recreate this success with the CMO, a good StoRSI, 
    or reliable momentum oscillator of there choice.  All it 
    takes is a lot of research work. 
     
    Happy Holidaze,
     
    Steve Karnish, Financial DJCedar Creek 
    Trading<A 
    href="http://www.cedarcreektrading.com";>http://www.cedarcreektrading.com