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Strategies & Market Trends : Dow Jones Futures -- A free paper trading service -- Ignore unavailable to you. Want to Upgrade?

To: David who wrote (388)	4/5/2000 1:51:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 797

Next? I am taking it Long, I think, ......tomorrow looks to be possibly choppy. I think if I can catch a decent Long ion the morning then I'll bail out mid-day because I don't trust the afternoon. If the morning is choppy I think the afternoon will give a good signal to trade one way or the other, but my bias is for a positive Close on the SP. I think the market should not have closed as powerfully as it did. That lends me some pause.....but I think the near term result of that is more follow through upside. < I am taking several weeks off just to trade the markets,> Well that's the difference, I work for myself so I create my own hours. If I still had a respectable means of gainful employment I'd never be able to do this. My company was taken out in a corporate raid back in the 80s. As a member of middle management, the new regime drove me (and just about everyone in middle management) completely nuts. So when I finally was laid off I took my year's severance, the money I made in the takeover, and the money I had been accumulating trading the markets over the years part time and promised myself I would never work in such an environment again. Not that anyone would have me now, I haven't worked for a living since the Giants last won the Super Bowl. I had tix, and they took that week as the time to let me go. I had a wonderful time at the game and it would not have mattered if it was a ping-pong tournament. But the long and the short of it was that I had been preparing for my retirement for so many years that, once it came over 25 years early, there wasn't a financial hardship starting up. It's funny, but the best thing that ever happened to me in career terms was to lose my job. Huge emotional rock fell off my neck as well. I remember I was putting for a birdie three on the eighteenth one Sunday when the caddiemaster came out to tell me I had an emergency at work. That does not happen anymore. Birdie putts don't come around a lot anymore either, of course.