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Re: [RT] What to do?...S&P Tightening Ranges Make for Poor Results



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----- Original Message -----
From: "JHP" <jan4123@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, May 09, 2001 4:52 PM
Subject: Re: [RT] What to do?...S&P Tightening Ranges Make for Poor Results


> Norman,
>
> thank you for your response. Also thanks for your offer, but I have my
> own daytrading system which is working quite well except some very
> tight range days - like all systems - so, I wanted to know if you have a
> good way of forecasting such days.
>
> Regards,
> Jan Philipp

   Before you dismiss it out of hand, did you check the times I gave you vs.
the S&P 500?  Do you season your food before you taste it?  Those who have
the trading rules I offered here for free and the times could have made some
good profits today. I will post an update on a separate post.

Cheers,

Norman
>
>
> >
> >   I can't tell you what you want to know with certainty. However, I do
> > produce a forecast for every day that is about 75% accurate in
forecasting
> > volatility. The best I can do is forecast the date and time when the key
> > points are likely to happen. Sometimes a key point is a high, a low, or
> the
> > apex of a pennant or triangle. Knowing that you are looking at a key
time
> > and therefore the price pattern is likely to be resolved near that time
> can
> > be very helpful.
> >   The following is copied from the AT S&P Advisory for May 9
> > These are not trade recommendations are there are qualifying rules in
> order
> > to get a trade signals.
> > This is posted for educational purposes only.
> >
> > May 9 - moderate trend until last hour and then an acceleration. Best
> > indication is for an up but with high alert for an inversion.
> >
> > A. = 11:57 AM = +4 = high confidence point.
> >          Watch for trend to begin circa
> >         9:57 AM and culminate at A.
> >
> > B. = 1:25 PM = 2N = low confidence for direction but trend should begin
at
> > 12:25 PM and possible reaction from 1:25 PM to 2:25 PM.
> >
> > C. = 3:26 PM = - 12 = all day influences (probable negative)
> >           releases causing trend change into close
> >
> >      Let me know if you would like to read the users manaul and get more
> > samples for free.
> >
> > Cheers,
> >
> > Norman
> > > >
>
>
>
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>
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