Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Matthew L. Jones who wrote (39841)	11/3/1999 7:42:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 44573

I've also heard something like that, but I honestly believe that the traders in the pits can't see very far beyond the next tick and some pivot points they remember from yesterday... I'm not at all saying they're not very smart traders, but they only care about whether the next tick is up or down.. I can't believe that they determine the trading range for the day... I think they can run stops, but determining the range for the day? I think the flow of buy and sell orders throughout the day will do that for them.....BWDIK GZ