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To: donald sew who wrote (32373)10/9/2000 9:54:43 PM
From: Peace  Read Replies (1) | Respond to of 42787
 
Hi Don,

One TA guy I like is Steve Shobin. He used to be at Lehman and is now with some small firm (maybe his own). He was briefly on CNBC late last week (now that he is not with Lehman we might see him more) and was suggesting to start buying for a nice tradable rally for the next few months. He may have been implying that we rally for a few months and then have an even bigger correction next year.

Peace



To: donald sew who wrote (32373)10/10/2000 11:25:33 AM
From: adcpres  Read Replies (2) | Respond to of 42787
 
Don, you are correct about the big firms having TA types with a lot of horse power. When I interviewed after graduating, the two industries most intense on hiring the best mathematicians/statisticians was the NSA(National Security Agency) and Financial Firms and they did offer good $$$ to get some of my phd buddies. The NSA was interested in us math types for cryptography and the financial firms wanted people for developing short term and long term models for trading. These guys are all in the back room with high powered computers, economists, AND psychologists to develop behavioral models as well. They want to get into your head and anticipate your moves as well as finding patterns in the markets to aid in moving their money.

Reaching the 11:00am doldrums. Time to cover shorts. Good luck. Isn't it curious that more often than not we have a 10:00am peak followed by an 11:00am dip? Good luck. GH