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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Patrick Slevin who wrote (15768)2/17/1999 9:02:00 PM
From: nicewatch  Read Replies (1) of 44573
 
Hi Pat, Good to hear from you. A few things you mentioned in your other post: My patterns suggest a sell tomorrow. Scoot tells me Tom is short, my patterns have me generally Short today (Thursday)....times vary depending on early action. I do have Friday as a generally "up" day but nothing to write home about Even that depends on Thursday's action. The tea leaves I'm looking at say the same thing, FWIW. Well, I'm outta here for another couple-three. Market looks like hell unless one daytrades. I say this not to suggest that your position is right or wrong, I don't know where you are with respect to the market.....I just look at these swings and wonder how you position guys can handle it. I agree with you... to the point that my last week of trading has been very short term, with no trades lasting more than 1.5 days and most being day-trades. Maybe I'll bag a big one <G>... but for now, a short term perspective seems to be the only sound strategy these days. As for the w(h)iz kid story <G>... catlady hit the nail on the head, imo. I made a ton of $$$ on one of his picks (WCTI). It was coincidence, but his promoting helped my position... go figure. The run of WCTI really opened everyone's eyes. Talk to you later, take care Regards, Frank P.S. enjoy the card game!
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