In addition, they were using longer term averages to guide their trading - simple moving expense (SMA) 20 and then monthly.
This was a technical investment to the price of $6 a point
The results were not disappointing.
In just three months comparable to the tax returns of the world's top 3 or 4 traders, they made close to $100 million - and swiftly became known on par with or even higher than the super traders.
So what if you could learn from them?
From 1980 - 1988, they invested in super computers, known technical analysis software packages - these becameispForward computers- that is to say a system that for example would analyze individual stocks and identify patterns that were good patterns.
As price changes the software applied to their trades - time series - would calculate new highs or new lows. As this happened the software could be set up to enter the market on either side and would responsibility for getting in the market spot.