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

To: davealex who wrote (9941)	8/23/2000 7:09:50 PM
From: exdaytrader76	Respond to of 18137

HL Camp gives you the buy and sell program numbers at www.programtrading.com - It is worth writing them on a post-it note and watching the futures premium number. For RealTick the symbol is $spinx - I imagine it is another way to measure the pulse of the market, but in working with new traders, I find that they are always fascinated by the phrase "program trading," as if it is the holy grail of indicators. They really enjoy learning about it, but other than having a vague idea what is going on, I am yet to see how to make money off it. It's fun to watch at the open, and calling out "program buying" on a trading floor makes you sound smart, but that's about all I can see in it.