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<DIV><FONT color=#000000 size=2>Hi </FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Been playing around with AGet 7.2
Does anyone know anything about PTI (Profit Taking Index)??? I understand how it
works.. I am just curious how reliable this indicator may be??
</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Been reading Tom Joesph's Mechanical Trading
System.. Just want to find out from others who have already tried or test
the system.. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 size=2>Also wondered how reliable the wave counts would
be with this program... </FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>I like the program but do not like the price
that the vendor is offering for this program.. </FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Respectfully Yours</FONT></DIV>
<DIV><FONT color=#000000 size=2>Gary Bodnar</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Thu Jan 20 15:04:18 2000
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Date: Thu, 20 Jan 2000 14:37:25 -0800
From: Ira Tunik <ist@xxxxxx>
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Subject: [RT] Re: STK - oil leaps
References: <00d601bf6382$ced18880$a6d552c3@xxxxxxxxxxxxx> <3.0.6.32.20000120155608.0094e6a0@xxxxxxxxxxxxxxxxx>
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Status:
It is not trading discipline that is lacking, it is trading. Options where
meant to be traded, not held in perpetuity. Did greed creep in there a little?
Ira
wong wrote:
> Hi Dennis:
>
> Thanks for the vote of confidence.
>
> It's true that the leaps I bought were at one time about 3 times my
> purchase price AFTER my averaging down. Unfortunately I got greedy (please
> read my post on "the danger of averaging down") and now they expire to zero.
>
> My weakness is trading discipline.
>
> Regards,
>
> Wong
> ============================================================================
> At 12:32 PM 01/20/2000 -0800, Dennis Holverstott wrote:
> >> I get nervous when I see Wong's post without warning sign.
> >> We have many new people on the list.
> >
> >True, but in Wong's defense, he seems to have a real knack for calling
> >bottoms. Averaging down only works if you are sure a bottom is near.
> >Many, including me, were skeptical when he said he was buying leaps
> >calls in oil. Man, was he right and were we wrong. Credit where credit
> >is due.
> >
> >ps - Isn't LU announcing earnings today? Could it be sell the rumor, buy
> >the news?
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