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----- Original Message -----
From: "Matthew R. Kratter" <mkratter@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, July 12, 2001 11:40 AM
Subject: Naz 100 futures buy and hold system
> I wonder if anyone has any thoughts on the following system.
> Assuming one has the necessary capitalization and patience, would it work?
>
> Rules
>
> 1. Go long only.
> 2. Buy the front month Naz emini at 1800, 1700, 1600, 1500, 1400, etc. all
the way down or all the way
> up!
> 3. Sell each contract only when it reaches a 100 point profit.
> 4. Rollover if necessary.
>
> Obviously if one had begun this strategy when the Naz was at 4000 or 5000,
one would have a lot of
> still open positions.
Sure if you have a several billion dollar capitalization because right now
you would be holding on to a several billion dollar loss.
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