Al's Experiments Message Board

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Strategies & Market Trends : Al's Experiments

QQQ 479.66

+2.4%

Mar 14 4:00 PM EDT

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To: Mark Johnson who wrote (10)	11/16/2002 1:57:03 PM
From: Steve Lee	of 11

Al is still short QQQ. Al can't trade at the moment because he doesn't have any buying power. He made a mistake with recent shorts but his rules won't let him cover at the moment. That's all part of the process of finding out what works and what doesn't with a mechanical trading system. When these trades are closed, Al will be making new trades. And it is likely that Al will close the current set of trades at a profit. Don't get too carried away with Al's losses, you were promoting buying VLNC in the high $30's. It is now a dollar and change.

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