|
PureBytes Links
Trading Reference Links
|
Prove it.
re:"..I think this shows that there is just way too much money trading
Aberration."
> -----Original Message-----
> From: Qpalla@xxxxxxx [mailto:Qpalla@xxxxxxx]
> Sent: Saturday, June 29, 2002 12:19 AM
> To: omega-list@xxxxxxxxxx
> Subject: Aberration Picked Off
>
>
> Anybody who saw the recent rice trade in Aberration has to admit that
> Aberration got "picked off." It literally bought the high tick of
> a limit up
> move on its entry and then sold the lowest tick of the move several days
> later getting out. The net result was a loss 2x greater than originally
> intended by the trade. Looking at the volume figures confirms
> that the days
> Aberration traded saw huge spikes in volume too.
>
> I think this shows that there is just way too much money trading
> Aberration.
> Also, as an "open" system its been spread to just about anybody
> who wants it.
> All these factors have caused Aberration to become a victim of its own
> success in my opinion. Time for lessor known strategies.
>
|