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I support Phil since the signal are really well in time. In good faith Phil
give too much time on how to enter than to exit. If the pattern is daily
ALSO the stops should be given BEFORE the fact. Maybe Phil sould provide the
signals to paper trade ONLY and to create a real time history of the
problems that can come out (like in this situation) and sort them out before
marketing anything.
Still selling indicators signals system is far from be a science in spite of
all the books that have been written. Just wait for mine in the near future
;)
regards 2u all
Riccardo Ronco - BNA London
Tomorrow I'll be on Bloomberg TV on Italian Channel 12:00 GMT and later for
UK stock picking (UK Channel) and later on Reuter TV to comment on DJ - DAX
and Mibtel after 15:30 GMT
> -----Original Message-----
> From: tradejacker@xxxxxxxxxxxx [mailto:tradejacker@xxxxxxxxxxxx]
> Sent: 12 January 2000 00:15
> To: omega-list@xxxxxxxxxx
> Subject: Re: Compressor just got out
>
>
> well, i know nothing 'bout compressor, and even LESS about the
> "tarny software
> dude", but i do know that mister phil has let the list in early on the 3
> to 1 profit potential of the nasducks over the spoos.
>
> thank you, thank you, thank you, phil, 'cuz i've took out 6
> figures in the
> last 1 1/2 weeks from the n-ducks!!!!
>
> TJ
>
> and let the good times roll....especially when "stable" idiots can slam
> dunk the "normal" rocket scientists, and the old business cycle has been
> shot all to f-ing hell, if ya catch my drift :))
>
> ah screw em phil, they ain't worth a spit in hell
>
> btw, doesn't "tarn" rhythm with "darn"??? :))))
>
> At Tue, 11 Jan 2000 16:05:17 -0800, "Phil Lane"
> <patterntrader@xxxxxxxxxx>
> wrote:
>
> >
> >Well, what REALLY happened was, I was just sitting here working on some
> >stuff and suddenly TS started beeping!!! Was completely unprepared.
> >Not very
> >professional, I admit. Also note that I had some problems getting the
> >date
> >right when I first updated the pages yesterday. Guess i was distracted!
> >
> >Amazed/distressed as I was, I picked up the phone and exited the trade.
> >Also
> >notified the list immediately. You can check the price and time. There
> >are
> >real-timers who will vouch for me.
> >
> >So I apologize for the clerical error, but the system shows the trade
> >as
> >exited, and that's what I did, and I notified everybody at the time
> >(in fact
> >the price went a bit higher for a while), so the record will stand.
> >Either
> >that or I'd have to CHANGE the system to work WORSE!
> >
> >I am very sorry if anybody didn't get the email when I sent it. In case
> >anybody took the trade, I would now recommend exiting ASAP, and I guess
> >you
> >won't make as much as you could have on it. Sorry about that.
> >
> >rgds phil
> >http://www.patterntrader.com
> >
> >----- Original Message -----
> >From: <tomkohl@xxxxxxxxxxxx>
> >To: <omega-list@xxxxxxxxxx>
> >Sent: Tuesday, January 11, 2000 3:34 PM
> >Subject: Re: Compressor just got out
> >
> >
> >> Sorry all you folks that placed orders just like it says at the website
> >> and then went fishing for the day. Ouch that move after 1462.25 hurt.
> >> Hindsight is a wonderful thing aint it. Are you covering losses Phil?
> >>
> >> Does the "public track record" you are establishing include this loss.
> >> Oh i see, you get the benefit of a few minutes to see how a short
> >time
> >> frame move ends up before issuing a call which you supposedly made
> >the
> >> night before. I wish i could only trade that way. I'd quit the software
> >> business immediately.
> >>
> >> -- Tom Kohl (Tarn Software)
> >>
> >> http://www.tarnsoft.com/
> >>
> >> Phil Lane wrote:
> >> >
> >> > If anyone is following this system, it just got out. To my complete
> >suprise.
> >> > Looks like a trailing stop was
> >> > generated last night at 1462.25 - Guess I didn't check the open
> >orders
> >> > carefully enough.
> >> >
> >> > Really sorry!!! won't let this happen again!
> >> >
> >> > regards.
> >> > Phil
> >>
> >> <snip since it didn't count right>
> >>
> >>
> >
>
>
>
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