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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: E. Davies who wrote (5077)	10/29/1999 8:10:00 AM
From: TraderAlan	Respond to of 18137

Eric, <2:30 and again at 3:00 when the program trading hits> There's a sell bias going into 2:30p and a buy bias going into 3p. I use them to my benefit on most market days and am very comfortable positioning into them. The 2:30p bias really isn't a bias at all. Folks are worried about how the credit markets will close and get defensive for 10-15 min until they can sense the last shakes there. The 3:30p sell bias is harder for me. Sometimes its there, sometimes it isn't. Hey I'm a TA guy. I believe the fund guys can't doing anything that isn't already in the chart. Alan