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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: peter n matzke who wrote (25550)6/18/1999 5:32:00 PM
From: SE  Respond to of 44573
 
Nope. These are just paper trades....I call 'em when I think I see 'em and occassionally OJ pipes in a word or two. His are usually mistaken however...mine are all winners! Every one! (Yeah, right, LOL!) So far the account is doing well, but we started off in the hole...a whole bunch!

If this keeps working I might have to consider trading like this....no stops, and place an order when you think it might work! An amazing concept....no real system, but I do imagine my fork reads have something to do with it, even though I don't necessarily place the trades based on the tines.

Anyway, it is just throwing up some garbage at the wall, running without stops and seeing what sticks.....

....crazy isn't it?



To: peter n matzke who wrote (25550)6/18/1999 7:25:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 44573
 
I don't remember which of you E-wavers called this but on scenario #1 you missed by 2 points. Really now, I would have expected you to get closer than that <GGG>

I found it interesting with all the gloom last week so many around SI have gone bullish with this triple witch rally. Did the CPI data really change things that much or will this scenario still hold true? I didn't copy the link and I couldn't find it scanning back quickly but this was posted earlier this week or last weekend and was a darn good call for scenario #1 by one of you here. Just curious if you still think it holds water since it calls for a fair decline next week.

>>>4 scenarios have been identified
#1 the S&P sept bounces back up to 1340 before friday
then drops down to 1260-1270 around june 26
which would then be followed by a slow rally until august
#2 market drops down to 1250-1260 before june 23 then rallys to
1330 before july 6th
#3 possibility is a large fast drop to the 1200 area, which seems to have a
very low probability (i only saw the pattern once in the last 19 years)
#4 S&P runs to a new high before june 23rd, (extremely low probability)<<<<<<

Good Luck,

Lee