Yes the system misses the bottoms by varying degrees and the tops are even more problematic often relying on historical run patterns,as I understand it, which led to the failure back in May 2006.
Still I reckon woteva summed it up perfectly with "we are, for the time being on easy street, we have the BUY signal, now its just matter of watch it run and move our stops up until we're stopped out."
I gather a lot of skiers probably have a go it alone approach as well coordinating their individual approaches to trading as well.
The system works perfectly for both Jeff and his co-developer however.This is where discipline and belief in one's own system really gives an advantage.
