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

To: Chip McVickar who wrote (35196)	10/5/1999 9:29:00 AM
From: Tom Trader	Read Replies (3) \| Respond to of 44573

Morning Chip -- My thanks to you and others who have, both in public and private communications, been so gracious in welcoming me from my break from SI. This contest should be interesting; quite apart from the fun and games, I am interested in seeing how accomplished day traders fare against position traders over a 6 month time frame. Re the Fed, I suspect that we will see rates unchanged with a bias to tighten in the future. What effect this will have on the markets remains to be seen -- assuming that this occurs. I would think that the best thing for the markets would be to have an increase today and then a neutral bias -- it would take away the uncertainty of what is to follow over the next couple of months. We'll know soon enough what lies in store