Thanx Bill; I will see if the book is at the library and look it over. I think that SCY sounds good , if it only works at extremes that will be Ok too, it's one indicator I wouldn't want to go against. So far this eve ASIA is looking sad, as is globex, biz.yahoo.com above is what caused me to re-short the spy Friday, that don't work all the time either, but has lately. and I felt a small bet was worth the chance. -------------------- I'm more convinced now than ever calling the market can't be learned from any type of science or reduced to certain steps, to were it is mechanical ( while a check off list is good) it still falls to an Art , more than any science, a sort of blending that takes adapting to many conditions, and practice is what it takes, however some situations ought to not be gone against.
I have to remind my self there is no rule that says we "must" be able to make a call, up or down; & understanding when I can't, because it's doubtful is often the best I can do.
The people I see lose so much at the race track, have to make a bet on every race, they can't pass one up, even the ones they should know are not callable they convince them selves they can call them, particularly if they just won one, they don't seem to notice that some races are set up on purpose as damm near give always ( not that they pay a lot ) but are that way to give out a lot of winning tickets, like ( happy hour ) at a bar, just to loosen them up. <G> Thanx again for that SCY that's a keeper. Jim |