But I've often found that the signal is good for another week at least.
Again, the signal has been 90% good on weekly basis, and to maintain that track record, it says to exit today.
Weekly signal I issued few weeks ago is now closed
Started by
dcengr
, Oct 19 2007 03:16 PM
3 replies to this topic
#1
dcengr
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Posted 19 October 2007 - 03:16 PM
Qui custodiet ipsos custodes?
#2
claire
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Posted 19 October 2007 - 04:34 PM
But I've often found that the signal is good for another week at least.
Again, the signal has been 90% good on weekly basis, and to maintain that track record, it says to exit today.
Was that a sell signal that is now closed? Another question: Are you seeing this as the beginning of the major decline you expect to bottom in January? Thanks
#3
dcengr
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Posted 19 October 2007 - 04:42 PM
It was a 'short QQQQs at close of week' signal given like 2 weeks ago that's now closed at the end of this week.
As I said, if you had the balls, you would've been shorting while it went up as it doesn't necessarily pick the EXACT top, but the signal was a winning trade 90% of the time just with a position given at the original signal.
Normally I would be covering here, but I am letting it ride some more because the signal to exit is often early and has been known to mark IT tops many times, plus the fractal/cycle prediction I'm riding on.
If there's a strong bounce on monday, then I'll be out, or if there's data over the weekend that suggests I should go out monday.
Qui custodiet ipsos custodes?
#4
linrom1
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Posted 19 October 2007 - 04:50 PM
It was a 'short QQQQs at close of week' signal given like 2 weeks ago that's now closed at the end of this week.
As I said, if you had the balls, you would've been shorting while it went up as it doesn't necessarily pick the EXACT top, but the signal was a winning trade 90% of the time just with a position given at the original signal.
Normally I would be covering here, but I am letting it ride some more because the signal to exit is often early and has been known to mark IT tops many times, plus the fractal/cycle prediction I'm riding on.
If there's a strong bounce on monday, then I'll be out, or if there's data over the weekend that suggests I should go out monday.
Thanks, that also clarifies it for me. Without knowing what your original signal was --today--a "get out signal" could be likely misconstrued as a market sell.
But, you are likely to wait for an IT signal to "get in."
