3 Day Weekend Update

Stayed and played at the Kemah Boardwalk this weekend. The girls and I ate great seafood, shopped, and rode the train. It was a little cold...but still enjoyable. My daughter loved the Aquarium restaurant. Her parents did too. :)

Now, on to business. I'm thinking about changing the trading of the QQQQ systems...both the weekly and daily systems. The reason? Too much money is tied up in order to trade them. Basically, they just don't produce enough profit to warrant the tie up of capital. I have two choices: 1) Trade the underlying option contracts or 2) Convert the systems into an indicator and use to create strategies to trade stocks within the Nasdaq 100 index.

So, over the coming weeks expect changes in those systems and how they are published.

Have a great week!

Daily Systems

New System Triggers

• Closing the following long systems at Tuesday's market open: QQQQ (Tii100Low) and QQQQ (Harami).
• Opening the QQQQ (VolSurgeDown) long system at Tuesday's market open. I'm no longer trading the QQQQ systems but will continue to publish them until I decide upon an alternative way to trade them.
  

Recently Closed Profits

• Closed the QQQQ (VolSurgeDown) on Friday's market open with a -1.11% loss.

Current Open Systems

Symbol	System	Entry Date	Exit Date	Profit/Loss%
WAG	BreakUp	1/4/2005	open	+3.17%
QQQQ	Tii100Low	1/5/2005	open	-0.65%
QQQQ	BBLower	1/5/2005	open	-0.65%
QQQQ	ATRBreakBB	1/5/2005	open	-0.65%
QQQQ	TrueRVolume	1/5/2005	open	-0.65%
QQQQ	Harami	1/6/2005	open	-0.49%
ACV	BreakUp	1/7/2005	open	-0.02%
			Total	+0.03%

Weekly Systems

New System Triggers

• Closing the VNWK (PennyLag) long system at Tuesday's market open.
• Opening the DDDC (PennyLag) long system at Tuesday's market open.
  

Current Open Systems

Symbol	System	Entry Date	Exit Date	Profit/Loss%
QQQQ	SimpleUp	1/4/2005	open	+1.26%
QQQQ	TurtleTrader	1/5/2005	open	-4.21%
AATK	PennyLag	1/5/2005	open	-17.86%
VNWK	PennyLag	1/5/2005	open	+13.04%
EGHT	PennyLag	1/5/2005	open	-23.58%
ZICA	PennyLag	1/6/2005	open	+21.28%
CARN	PennyLag	1/7/2005	open	-5.87%
HAUP	PennyLag	1/7/2005	open	-14.77%
			Total	-30.71%

Please read the disclaimer on the website. This is not a recommendation to buy, sell, or trade securities. Just a journal of my travels through Wall Street. I can buy, sell, or hold any positions mentioned on this website at anytime. So, be warned.