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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Stoctrash who wrote (4212)9/17/1998 8:39:00 AM
From: coug  Read Replies (1) of 44573
 
Thanks Fred,

Yes, I wouldn't carry a shovel full of manure over night if I
thought there was even the remotist thought I would garden next year.

So I get up at 4:45 am pdt and see the globex premium at -500 or
so.. I expected (hoping) for a sell sig) after the opening but it
came like the bogeman in the night with no warning.. So I start
over again..

IMO, and no offense to globex players, I don't like it because
a few big operators can shove it around.. They key off a little
weakness or strength or whatever in the after hours.. they kick it
in gear, the the International markets see it.. they feed off it,
the globex sees that.. and so it goes..

I key off our market internals so I am screwed.. so I start over
this morning..

Actually, all you guys were right yesterday.. we will start out the
day under 1040.. where it belongs...

I just seen my favorite International market was down 5%, Helsinki, and Nokia warning..

To Steve: I don't know how the beta is calc, $NHB, on Signal..I assume
it is a overall measure of market movement versus itself
over some time frame..currently 1073.75.. It usually
tracks the S&P, but smoother, but when it varies it
sets up divergences.on the indicators that are fairly
reliable.

CNBC just mentioning the feeding off each other too of globex and others .. Has to be right then (g).

good luck today..

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