Re[2]: my momentum system with 6 picks

["Sentinel Trading" <rjbiii@xxxxxxxxx>]

This is pretty easy to code and I will put it together and post it, but could
you clarify condition 1 is that just as stated or is that a 20 day high as in
Highest High,20 ?



thanks

The first dawn of smartness is to stop trying things you don't
  know anything about----especially if they run to anything 
over a dollar.


Sentinel Trading
rjbiii@xxxxxxxxx

____________________Reply Separator____________________
Subject: Re: my momentum system with 6 picks
Author: owner-realtraders@xxxxxxxxxxxx
Date:  7/9/99 11:43 AM

If buying momentum is your shtick, here's a little dance a now deceased
systems designer of some repute claimed to use successfully.  Granted, it
was choreographed for commodity price action, but maybe it's worth a
shot.  Surely, it's simple enough to code.

If all of the following conditions are met, buy on today's close:

1)  Today's close must be greater than the close 20 market days ago.

2)  Today's close must be greater than yesterday's high.

3)  Today's low must be higher than yesterday's close.

4.  Yesterday's low must be lower than the previous day's low.