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<DIV><FONT face=Arial size=2>
<DIV><FONT face=Arial size=2>List,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>CocoLoco reversed on Friday. My last post on
this subject (early September) </FONT></DIV>
<DIV><FONT face=Arial size=2>is still applicable:</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>"Over the last six months I've been using -85 and
+5 as the trigger points<BR>for my trades. Use what feels comfortable, but
my clients have enjoyed<BR>profits from the above numbers. Keep in mind
that any major adjustment to<BR>the trend channel will probably cut into profit
potential using these<BR>numbers. This past year I have moved away from
optimized variable and with<BR>my quest for the "Wholly Grill" have standardized
all my analysis with simple<BR>overbought/oversold criteria. I continue to
post the CocoLoco because I<BR>continue to trade it for the posse and they
demand that I trade it until we<BR>lose sight of the trail."</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>I believe the trend is changing and now the
challenge is to redefinite the </FONT></DIV>
<DIV><FONT face=Arial size=2>mechanical trigger points. Notice that as the
market has started to bottom</FONT></DIV>
<DIV><FONT face=Arial size=2>(since May), the per trade profit average has
started to shrink. For all those</FONT></DIV>
<DIV><FONT face=Arial size=2>who are involved in "variable optimization"
this period of trend changes are</FONT></DIV>
<DIV><FONT face=Arial size=2>the most challenging.<BR><BR></DIV></FONT>
<DIV><FONT face=Arial size=2>Steve Karnish<BR>CCT<BR><A
href="http://www.abbracadabra.com/cybercast";>http://www.abbracadabra.com/cybercast</A></FONT></DIV></FONT></DIV></BODY></HTML>
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