Hello, Judy, Tom and Jim.
Yeah, the UNIX boys are moving. You got a good handle of things as usual.
On the market, I didn't get to watch it realtime today. I couldn't concentrate on anything last two days. Thought I would post more on the team works we talked about. A well respected collegue is dying from cancer ... tough to take when the time finally came even though we saw it's coming.
Anyhow, I am trying to recollect myself. Let me refocus our ongoing discussion: how should the team work together? As for posting styles, I will try give a short headline, but I really don't care how people post as I learned to scan through posts fairly quickly. Jim's suggestion, however, should help people to follow the trades and understand different trading styles.
For our purpose as mid-term trading, I don't see it's crucial to scalp 1 or 2 points during intraday swings. So I will take real-time or afterbell facts so as long they are well reasoned.
>> [Judy] On market dynamics people watch for different things depending on their trading styles. << Agreed. That's why I highly value TT's signals as a reflection of how the markets think. Again, if we look for decent moves we should have a clear macro view...or at least try to have one. Tom, keep posting your views of the markets, signals included, please.
>> [Judy] On technicals including mf ... I prefer the raw data rather than any interpretation. << Same here. Maybe both of us do modeling stuff. We don't trust other people's models:) Good point on MF. How about treating it separately to see if it agrees other TA readings? If not, let's watch more carefully. If a trade is proposed, one may take full or partial postions depending on the trading styles.
>> [TT] It should be possible to identify a worthwhile trade-- and then it is up to the individual whether he/she wants to take the trade. << I also see the similar things said in Judy's post. I think what we are trying to do is to identify potentail trades with a common objective and all possible resources. As for taking the tradeor not, it's most definitely up to the individuals. I proposed to have some discussion on the strateges so people could pick what is comfortatble.
I feel enouraged from the inputs on this thread. Debating will be there. It's perfectly OK as long as we all behave like good sports. We need to start doing it and the only way is to formalize the thinking process. That's why we need a captain. Judy, it's a job to coordinate things and you are already doing it with people's respect. Thanks.
Talk to you later. |