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In a message dated 7/22/99 7:33:50 PM Pacific Daylight Time,
robert.cummings@xxxxxxxxxxxxxxxx writes:
<< Sorry if anybody got hurt today in the bonds but reaffirms to me systems
don't work for daytrading.
>>
People who use systems are usually bright enough to know they don't make
money on every trade. I can't see how today's action in bonds sheds any light
on the merits of systematic trading one way or the other. I know a few
systematic day traders who do quite well. I'm sure they could care less
whether they made money in bonds today or not.
Chuck
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