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How about...we are sitting at a level that will "make or break" both the
S&Ps and the NDs?
I just updated my page and I put on it that if you are a buyer, buy at or
near today's closing levels--1224 in the S&Ps and 1820-25 in the Nasdaqs,
and put your stop past the top of last week's gaps. IF these gaps hold and
stay open, we have only seen the first leg up. IF these gaps get closed, I
expect to see all the open gaps below the market, in both indexes, filled
as we re-test the lows.
Sometimes models don't perform normally when price gets to critical levels.
Was it only a one day aberration?
Best,
Tim Morge
www.medianline.com
At 02:58 PM 4/23/01 -0600, you wrote:
>My trading system has been doing extremely well since last October... or
>should I say that last
>October was the last losing "month" I've had to date. Today my system
>acted much like it
>did back in October.
>
>I'm wondering if there has been some sort of underlying shift that would
>cause this. I'm
>confident that it "wasn't me" because I kept my rules perfectly.
>
>Any thoughts?
>
>Brian Voiles
>aka "Scaling Back to One-Lots for the Time Being"
>
>: )
>
>
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