Regarding the system and emotions, all I stated was that today's
occurrence was outside of the system rules, there has never been a
crossover of the 8 day MA this high in the 80's, which was at 83.3%
today. Also per the system rules, you are to sell when the
system goes over 83.5% and so it's crossing up very close to the
sell parameter.
That's why I said while I do not have a high degree of
confidence on this long, you could go long with your 8% initial
stop, or just go flat. Since I have no historical data of
this occurring in the past, I do not know. The system
has always been a slight work in progress since I do not have a lot
of historical data.
Otherwise this week has been a hell week in my personal life
with so many family things going on, I've been working non stop and
just can't keep up. I will update the GDX page as soon as I
can, sorry for all the confusion.
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That being said , is
BPGDM will cross over the 8 day MA today
Posted by cherryw on 2nd of Dec 2010 at 10:01 pm
That being said , is this still a mechanical systems with emotions all over ?
Regarding the system and emotions,
Posted by matt on 2nd of Dec 2010 at 11:28 pm
Regarding the system and emotions, all I stated was that today's occurrence was outside of the system rules, there has never been a crossover of the 8 day MA this high in the 80's, which was at 83.3% today. Also per the system rules, you are to sell when the system goes over 83.5% and so it's crossing up very close to the sell parameter.
That's why I said while I do not have a high degree of confidence on this long, you could go long with your 8% initial stop, or just go flat. Since I have no historical data of this occurring in the past, I do not know. The system has always been a slight work in progress since I do not have a lot of historical data.
Otherwise this week has been a hell week in my personal life with so many family things going on, I've been working non stop and just can't keep up. I will update the GDX page as soon as I can, sorry for all the confusion.