great question, pete. i take each index seperately and do not correlate them to each other when determining the channel. yes, the wider the channel, the more volatility we expect per index, not correlated volatility. hope this makes sense. best, surfer d.
the system finally, after some chop last week, placed us nicely on an awesome upwave. we are holding longs here in the DJIA, the NASDAQ, TASR from 80, and MSFT 25 2005 leaps. still short BBI and holding. best, surfer
"..an awesome upwave"?? You just went LONG yesterday didnt you? At what price?? i think you're about to experience an "awesome downwave".
I've been reading this thread for some time, and if I understand Marketsurfer's system correctly, He will also ride the "Awesome " down wave you speak of LongShot