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--- In realtraders@xxxx, "ira" <irat@xxxx> wrote:
> Breakout buyers have only a 38% probability of success.
I'm curious where you got that stat. My work indicates
breakout success rates vary widely depending on various
factors.
BW
> ----- Original Message -----
> From: Scaletrade@xxxx
> To: realtraders@xxxx
> Sent: Monday, August 19, 2002 12:26 PM
> Subject: Re: [RT] Sugar is Sweet...not today
>
>
> Norman,
>
> I must preface this question by mentioning that I have great
admiration for you as a trader...so I am curious as to whether you
bought Oct sugar on the breakout above 630 last week, like you
mentioned...or were you waiting for a close about that level. It's
not looking so good today...in fact, it looks the way things usually
do when I try to buy on a breakout!
>
> Just wondering,
>
> Larry
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