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To: Defrocked who wrote (20437)	2/18/1999 6:46:00 PM
From: accountclosed	Read Replies (1) of 86076

no fair with the <g><ng> ending. <ng><g> <g> are you following/commenting on this tug boat captain indicator? (edit: since you're not responding right off...i will give my opinion. 1. such correlations never work for long if at all. once observed everyone observes and jumps the gun. that jumping the gun cycle recurs such that people are jumping the jumping of the gun. etc. until the phenomenon is gone. 2. yahoo does not get reuters real time; it is on 15 minute delay. reuters sells real time to various paying customers, so even if this worked, someone with real time reuters (bloomberg?) could do better and beat to the punch. 3. a more true advantage could be gained if someone could understand the fed's actions in this area (if in fact the correlation works). I was wondering if they are actually trying to target fed funds these days and add liquidity when fed funds is too high and vice versa. Often they don't seem to care...)

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