CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT. Message Board

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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT.

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To: IndexTrader who wrote (143)	8/15/2000 10:42:47 AM
From: coug	of 306

Thank you Susan, For Sharing your links to the historical charts.. I do see the similarities... But I do not look too far back because of my time frames and also, I believe, the market reflects a dynamic fundamental economic backdrop that has enough difference so as to give off chart patterns that will be very different, even from 10 years ago.. Enough of a difference to throw me off from my time frames.. So I look back no more than a year..for similarities of the MARKET INTERNALS, volume relationships primarily, for turning points.. but somewhat the Vix and NYSE beta which hasn't been much help this summer. On a hourly basis mostly now. Cummulative ticks has been helping as does the DIRECTION the trin is moving. Then once I have direction established, I TRY to look for patterns like pull backs and spikes, ledges etc.. I do like the Linda R. approaches very well to enter.. I screw up too, like yesterday.. by jumping the gun..especially after some wins.. oh well. Right now, after one hour, I am looking to short the E-mini, being very careful.. Hope this helps and have fun.. m

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