VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (44952)	12/10/2001 12:59:08 PM
From: Jill	Read Replies (2) of 65232

Thanx Rick. Was reading about your warm weather! We had the best autumn in NY...even today it's okay, sunny and around 50. Been writing, and spending time in Teresa Lo's trading room and Saturday summit when I can. She went over a lot of charts for swing trading ITM options (what you do) on Saturday. I think I've absorbed a lot from her by osmosis, and altho I certainly couldn't do futures trading, the setups on 1 and 3 minute charts are no different than 2-3 week charts on stocks. It's just that there's different price/volume pressure (if I am paraphrasing correctly), i.e. e mini futures don't have that. But I have learned a lot about how charts show psychology, and how to set up for a trade. Haven't applied it too much yet, though! :-)

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