guys come on. There is a price band, in the post I said
that the upper price band was dynamic and could change, and it did,
it changed from $134.9 to $134.6. The lower band is the same
at 134.2 and above
As long as the
new revised price levelcomes through in the email
alert (& is posted as a sticky at the top of the forum page??)
it should be ok. IMO it will not be ok to have to log on and scroll
back through a few pages of posts looking for when it changed.
Why do i say this?
Well, im noting that there were 4 SPY SYSTEM email this
morning;
the first had levels between
134.20&
133.39
the second was a typo correction with new levels between
134.20&
134.39
the third was repeat of the second
the fourth stated '
rememberthe system needed to close between
134.20&
134.36in order to trigger a short today. Therefore the system
remains in cash'
The point here is, from where i sit & maybe i speak for a
few others too, there is nothing to
rememberbecause there was no official change via
email alert
priorto the dynamic band level changing (ie
134.39to
134.36).
Being an overseas client that does not have the convenience of
following the BPT forum chat within certain hours (mainly from
around
your12noon to late afternoon), i will miss any
changes to levels that are only posted in the SPY forum, unless
they are located in a convenient location one can access after
logging in.
So at this point im giving it the benefit of the doubt that
because the system did not
actuallytrigger a trade, a new email alert was not sent
out with the revised dynamic levels. If that's the case forget this
and move on - if not then look at this as a constructive view
towards filling in any potential delivery gaps. Well oiled machine
coming up!
iwedat - As you were unable to access the forum for a time
(understandably), you may not know that by the time the 3rd email
was sent, numerous posts had been made seeking clarification
of the precise price levels. Also, email recipients may have
been replying to BPT seeking clarification. At that
point, sending another email may not have made the situation any
better. And, as you noted, another factor may have been that
SPY remained below the lower limit of the ‘buy’ range for the last
hour of the day.
I’m sure your
comments will be taken into consideration by those in charge, as
they have already stated their commitment to helping us navigate
the complexities inherent in a new product launch.
In any case, I
believe, as stated below, that the notifications will soon be as
clear as day, and we'll all look back at these early ones and have
a good laugh.
Have a good
weekend!
Posted by burkmere on 20th of May 2011 at 04:00 pm
in the sticky you say, "
below 134.36" and in the post below you say:
The upper band price has dropped to
$134.36 and below. Those are two different
numbers. It'd be better to just always say XXX and above and
XXX and below. Not confusing that way, imo. Just trying to
help us be consistent. Thanks!! Sorry, for seeming nit-picky,
but there is a difference..just trying to save hassles later
when there is a close that lands on that number...
;)
guys come on. There is
SPY Trade Alert
Posted by matt on 20th of May 2011 at 03:51 pm
guys come on. There is a price band, in the post I said that the upper price band was dynamic and could change, and it did, it changed from $134.9 to $134.6. The lower band is the same at 134.2 and above
Title: comments Read the whole post
Posted by iwedat on 20th of May 2011 at 10:01 pm
Read the whole post before commenting.
As long as the new revised price levelcomes through in the email alert (& is posted as a sticky at the top of the forum page??) it should be ok. IMO it will not be ok to have to log on and scroll back through a few pages of posts looking for when it changed.
Why do i say this?
Well, im noting that there were 4 SPY SYSTEM email this morning;
the first had levels between 134.20& 133.39
the second was a typo correction with new levels between 134.20& 134.39
the third was repeat of the second
the fourth stated ' rememberthe system needed to close between 134.20& 134.36 in order to trigger a short today. Therefore the system remains in cash'
The point here is, from where i sit & maybe i speak for a few others too, there is nothing to rememberbecause there was no official change via email alert priorto the dynamic band level changing (ie 134.39 to 134.36 ).
Being an overseas client that does not have the convenience of following the BPT forum chat within certain hours (mainly from around your12noon to late afternoon), i will miss any changes to levels that are only posted in the SPY forum, unless they are located in a convenient location one can access after logging in.
So at this point im giving it the benefit of the doubt that because the system did not actuallytrigger a trade, a new email alert was not sent out with the revised dynamic levels. If that's the case forget this and move on - if not then look at this as a constructive view towards filling in any potential delivery gaps. Well oiled machine coming up!
Have good weekend.
iwedat - As you were unable
Posted by yojimbo on 21st of May 2011 at 10:56 am
iwedat - As you were unable to access the forum for a time (understandably), you may not know that by the time the 3rd email was sent, numerous posts had been made seeking clarification of the precise price levels. Also, email recipients may have been replying to BPT seeking clarification. At that point, sending another email may not have made the situation any better. And, as you noted, another factor may have been that SPY remained below the lower limit of the ‘buy’ range for the last hour of the day. I’m sure your comments will be taken into consideration by those in charge, as they have already stated their commitment to helping us navigate the complexities inherent in a new product launch. In any case, I believe, as stated below, that the notifications will soon be as clear as day, and we'll all look back at these early ones and have a good laugh. Have a good weekend!
iewdat - I should have
Posted by yojimbo on 21st of May 2011 at 11:30 am
iewdat - I should have said 'sell short' range. Good thing I'm not in charge.
Yes, but..
Posted by burkmere on 20th of May 2011 at 04:00 pm
in the sticky you say, " below 134.36" and in the post below you say:
The upper band price has dropped to $134.36 and below. Those are two different numbers. It'd be better to just always say XXX and above and XXX and below. Not confusing that way, imo. Just trying to help us be consistent. Thanks!! Sorry, for seeming nit-picky, but there is a difference..just trying to save hassles later when there is a close that lands on that number... ;)
at this rate...
Posted by perthx on 20th of May 2011 at 03:54 pm
we may get a buy instead on Monday as this doesn't'look to trigger today
Yea, I didn't want to
Posted by ditch on 20th of May 2011 at 04:00 pm
Yea, I didn't want to go short ....