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>One of the reasons I don't like systems was the trade today in the bonds.
>Had a channel going then broke out to the upside that would trigger most
>systems to buy. Followed a horrific break that lasted 12 minutes for over
>a point and a half before a small bounce up. I guess the people who use
>systems would say the trick would be to reverse but today was an exception.
>Most times if you try and reverse this market you can get hit both ways.
>Sorry if anybody got hurt today in the bonds but reaffirms to me systems
>don't work for daytrading.
Seems like a no-brainer to me to NOT take signals from a system when
Greenspan is in the news.
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