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Ken,
Your doing a brave thing, so I just wanted to lend my verbal support. Even
if I don't subscribe to the astro approach I am interested in what you come
up with. Anyone working on their taxes deserves a bunch of extra slack. I
don't trade for about 2 weeks around tax time for that reason. Also I fully
concur about flat or consumption taxes we need that like a plant needs
sunshine! So keep at it, it will be interesting.
Brent
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> From: Ken Macht <macht@xxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: GEN: Astro-demo
> Date: Tuesday, October 20, 1998 11:26 PM
>
> To all who wrote to me privately, thank you for your words. I have had
> an overwhelming week-end completing my 1997 federal income tax forms.
> The ***-****** thing takes a banker's box to mail to the buggers in
> Washington and several weeks of pencil-sharpening. I went from owing
> $4800 to receiving $4600. So please forgive me if I have neglected to
> write back. If you don't receive a reply by tuesday, please post to me
> again. I am sorry that you must do this, but I feel about now that I
> have just finished making love to a gorilla. If I may interject a
> personal comment, flat tax or consumption tax!
>
> I made a mistake on last post for the cows. I was rather fatigued and
> made a trade statement while tired and lazy and the stop was all wrong.
> I had used the GIF and not tradestation and I misread the line.
> Something bothered me all night and in the morning, I loaded TS and got
> the real deal from the workspace. However, I did state in last post that
> 64.85 was my stop. I normally risk $200 in LC and I was feeling cocky,
> so I posted with the intention of of going 1 tic above the resistance
> line. (see gif below) The line for that day was 64.99, call it 65.00 and
> I would have gone with 65.025 as a stop.
>
> This is what I did when I saw the reality of my numbers. I am short at
> 64.65. However, since I have sinned the sin of pride, this list can
> tell me to bugger off, you're out and there's a loss on your first play
> here. If so, fine, I deserve this and I would go short tomorrow. My
> guess is an open around 64.00 and a high of 64.25-30.
>
> This is not as easy I as I supposed since I am restraining myself from
> using any other technique in my tool-box for LC.
>
> Good night
> --
> Ken Macht macht@xxxxxxxxxxxx
>
>
>
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