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It's as common as can be... A SAR system that gets whipped when the market
goes into a trading range. The age-old problem with SAR. (Though please do
not infer from this that I don't like SAR systems...)
The Omega Man
I saw a werewolf drinking a pina colada at Trader Vic's
----- Original Message -----
From: Mark Brown <markbrown@xxxxxxxxxxxxx>
To: The Omega Man <editorial@xxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Saturday, June 05, 1999 7:59 PM
Subject: Re: System's & just two question for MD
> > I don't see anything that's countertrend at:
> > http://24.0.100.173/mb/countertrend.htm
>
> we must all agree that a move in the bonds from 123 to 115 could be
> considered a down trend? if we do read further....
>
> I would imagine the much touted aberration and catscan and turtle systems
> would be short here, and still holding short do we agree on this? if we
do
> read further..
>
> > By my definition, countertrend means, as Bob describes below, "fading
the
> trend".
>
> ok if we agree to this point? do you see the buys that are against the
BIG
> trend? do you see the long trades that are stopped out and reversed to go
> short? if you do read further..
>
> >Countertrend means going opposite the direction that the market is
moving.
>
> then I guess by your definition I am trading against the trend when long
and
> trading with the trend when short. however, you do not know what I know.
> you may or may not agree with me on this but none the less you have made
it
> this far so please read on..
>
> remember I said if in a perfect world I would be trading tops and bottoms
> perfectly? well when the market trends wouldn't it make sense that my
> trades just so happen to be in the same direction of the trend would make
> more money than those that don't?
>
> OK I PUT UP NEW CHART TO LOOK AT >>>>>>
> http://24.0.100.173/mb/countertrend.htm <<<<<< this should explain some
> things...I hope..
>
> Mark Brown
>
>
>
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