Although all of my current systems are
designed for very large selections of stocks, futures, currencies or a mix
thereof, and use rather elaborate portfolio balancing methods, I’ve found
that a volatility channel applied to one particular system’s raw equity
curves has a decent track record of indicating when to be in or out of the
market.
Today, it crossed weakly into “stop
trading” territory, and I chose to ignore it.
Just for fun, let’s see how it pans
out. I’ll post whenever it crosses over in either direction. I must
stress that my goal is long term results, so this “signal” as it
were is not meant to do anything other than to beat the odds over time to
reduce risk in a system with positive expectation of follow through.
Regards,
Gene
From:
realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Jim White Sent: Thursday, March 22, 2007
12:01 PM To: realtraders@xxxxxxxxxxxxxxx Subject: Re: [RT] SPY Forecast
No daily sell signal yet on SPY. Could come tomorrow or
Monday (Near Impulse date) Look for 14470 as the high of this move.
Today's downturn is quite weak and should not last the day.