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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (7257)3/15/2000 10:59:00 AM
From: JDinBaltimore  Read Replies (1) | Respond to of 11513
 
Hi Chip,

I believe confusion has been created, as to what the CB foreshadows. It has an extremely high probability of predicting a down swing of unknown magnitude. Period. As yesterdays at 2:30 was good for 20 points. I trade them with real dollars and they work. At 2:30 yesterday I bought 20 SPX 1400 Puts took my 3 points in 15 min, and I'm done. There is no indication given by the CB as to the downward velosity, only a sell or enter a short position.

John