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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (20114)	4/4/1999 2:07:00 PM
From: Lee Lichterman III	Read Replies (1) of 44573

Just wanted to write and clarify a few things. First the reason for many of the blank responses yesterday was probably due to SI infamous squid errors. I tried to respond to many posts yesterday including yours and was squided until I finally gave up. In response to your original post. AG is not my buddy <g>. I only meant the example of how some of the bigger houses (and GZ) were buying calls during the October meltdown hours before he did the surprise rate cut. Obviously someone knew what he had in mind before he did it. Of course AG is GZ's dad so it is understandable there <ggg> Regarding the post I am responding to, I think forks etc can often signal news believe it or not. I don't know how many times something will signal a buy but the FA looks lousy until some "news" comes out and the stock or index bounces. I have often commented that I believe the market moves first, then the "news" is spun to explain the move afterward. Good Luck, Lee

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