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For what it is worth I rairly take a buy or sell signal on the ST system I
use between 11:30 and 1:00 CST.
I call it the chop-shop! Good time to take a walk, go for a run, walk the
dog and enjoy something you like to do, than to watch "that frustration" as
the so called locals do their thing.
I frequently exit positions coming into it also.
This is just from my 6 years of trading experience and observations when I
keep track of failed signals in that time frame for about 2 years.
You can guess what I do in that time frame?
don ewers
----- Original Message -----
From: "Steve" <gts@xxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, July 13, 2001 7:16 AM
Subject: [RT] False Breakouts
Yesterday the S&P broke out of it range around lunch time somewhere around
$1209, but then was sold hard back to it previous oscillation range.
My question is this:
Statistically speaking, do more HOD breakouts in the lunch Deadzone fail
than when the pits are full?
Anyone care to comment?
Steve
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