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Ben-
Meyers has MANY systems. Which one are you
referencing? Tks for any feedback.
Chas
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<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A href="mailto:profitok@xxxxxxxxxxxxx";
title=profitok@xxxxxxxxxxxxx>profitok
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, April 02, 2002 11:39
AM
Subject: Re: [RT] PSYCH: Timing System
for Ira
dr Dennis Meyers has a proven systems for
years
that is more for a 401k and 403b or IRA
money
it moves 2-4 times per year
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
ric
ingram
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, April 02, 2002 12:08
PM
Subject: [RT] PSYCH: Timing System for
Ira
Ira wrote:"I have not been able to find
a timing system that will stand alone as a trading vehicle. If anyone
has, I would be interested."Maybe not in the time-frame you are
thinking of, but the "sell in May..." mantra of the UK stockmarket
corresponds to the mid-May peak of a fairly reliable yearly cycle in UK,
Japanese and US equity index markets. Estimates of its amplitude
vary from 5% to 10%, but its timing is fairly reliable.Wow, it is
nice to know there is some residue from my market prediction days - long
gone and good riddance.Ira also said:"The first half hour
and the last half hour are the floor traders, market makers and
speciatlists time to make their living. The rest of the day is usually just
handling the order flow. I have relayed this message many times. The
first half hour will set up the next trade, not by what it does during
that half hour, but what it does in relation to the time frame and cycle
that you are trading. It will be the basis for the next up/down
trade."Two ex-pit traders I know fade the open and go home/to the
golf course/indoor skiing. They make a lot of money, so
there is much to be said for fading the open.Regards, Ric.<A
href="http://www.traderscalm.com/"; eudora="autourl">www.traderscalm.com
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