Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 685.33

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Jan 21 4:00 PM EST

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To: Ken Adams who wrote (6466)	3/29/2000 9:08:00 AM
From: Dr. Stoxx	Read Replies (1) of 39683

Ken, To answer your questions: I only watch the market at the close, usually the last 15 minutes. Occasionally I can take a glimpse during the day, but not at regular times. Most of the trades listed were made near the close, though a few were during the day. I keep two windows open to Datek with orders put in (all but the password), in addition to IQ Charts, and if I see a signal has formed I can get an order in in about 20 secs. This system can work by only checking the first and last half hours, but one will miss a few signals that way. Getting in before an opening gap is crucial here, when one is only looking for a point or two. I also have a partner who watches the market all day, and he has called me on occasion to alert me to a possible signal. For streaming quotes, I use Datek's free service. When it works it really works well. I'll look into freerealtime.com. What I'd love to see is free RT charts. TC.

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