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

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To: Bull RidaH who wrote (39504)10/28/1999 2:58:00 PM
From: Tom Trader  Read Replies (2) of 44573
 
Amazing set of stats on that summary

Only 6 of the 16 original contestants have more than the starting equity.

Also --like I was telling Scott -- just two people came in long as of this am; the rest were either short or flat. I suspect that before yesterday afternoon's flurry of upside action even more of the contestants were short. I know that I was and got out just in time.

May be this can be used as another contrarian indicator -- when most of the contestants are leaning in a particular direction, we are set to move the opposite way??!!
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