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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: adcpres who wrote (32389)10/10/2000 11:31:22 AM
From: Jan Crawley  Respond to of 42787
 
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?

Are you saying that the "traders" are creatures of habits too!? <gggg>



To: adcpres who wrote (32389)10/10/2000 11:46:17 AM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Adcpres,

>>>> 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. <<<<

It just helps prove a point that the big players dont want the average person to know all of the info. The smaller firms and the internet are changing that - it will take time. The big firms are in a dilemma. If this really turns out to be a true/long-term bear market, the overall market will start to distrust them more and more. In the past there was no choice but to eventually go back to the big boys, but with the internet there is now an option that wasnt there in the past.

I spoke to my broker who is well established and will survive even thru a bear market. He is already telling me that the other brokers are making only 1-5 trades per day and that many are dying already.