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Re: Mechanical Trading Update-1/31/98



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Here's a wonderful system I call the "4% System."

Whenever the S&P (cash) closes 4% or more below the highest high of the past
15 days and then closes up, Buy on the close.

Sell if it closes with a 4% loss.
Sell if it closes with a 4% gain. (the "goal")
Sell if it "crosses below" a parabolic.  (Easy Language)

Make tons of money in a bull market.  Does fairly well in a correction.  In a
bull phase you do better if you increase the goal up towards 9%.

Jerry Rehert
February 1st, 1998 
@ 07:38 am
Atlanta, GA