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Re: Re[2]: my momentum system with 6 picks



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I see you have the entry defined.  Are you going to hold onto the stock
forever?  What is/are your exit points.



> 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.
>
>
>
>
>