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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: virtualsignal who wrote (42335)	12/16/2000 1:30:23 PM
From: OpusX	Read Replies (1) \| Respond to of 44573

guys, don't know if anyone here follows demark TD sequential, but it is signalling a buy on the daily SP futures contract. I am long a couple mini's from the close on friday. However this same signal would have gotten you long on 11/20 at 1367 if you had followed it then or waited until the TD REI concurred on 11/24 at 1366 you'd have been alright with a tight stop until friday when one would have suffered a 40 point drawdown, assumeing you followed say a 6 point stop (reasonable on a daily I guess) you would be stopped out at 1360 then bought at the close since the signal was still valid. I also have the close friday right at the median line (ML) of Andrew's pitchfork so if we don't move up at the open monday I am out. OpusX

To: virtualsignal who wrote (42335)	12/18/2000 2:13:07 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

vs, Yes, the bond traders may also be reflecting a "wish" for a rate cut? I don't believe it will happen...! JMHO The dollar will get kicked, by international traders. The bonds will stop being sold and then the stock managers will back away, leaving soft stock prices. A lot of e-wave folks and cycle players are looking for some kind of low in this time frame and then an ensuing market rise. I believe any rise they get will be modest. Greenspan seems to have gotten what he wanted from the markets....! A slowing in the frenetic pace of Nasdaq stock speculation, a public recognition that Internets must enter the economic cycle and a return to normalized historical growth. I don't know why economies need cycles of excess and drought and why economies cannot be self-sustaining. With that said I don't know if measuring them helps a trader very much. Picking tops and bottoms by cycle projections is not very accurate, and not much 'Fun'....! To Me.., the other significant insight is that a nations economy is "NOT" measured by stock prices. Stocks are only a reflection of one companies net worth, their price movements are totally based on speculation. Greenspan is concerned with the underling economic conditions that foster a sound system of national monetary strength. Any cuts going forward will reflect threats to that strength, he's not very interested in stock portfolios, only how they spend their gains. So I look for one maybe two cuts sometime next year, depending on what the "dubya" and his party has for magic tricks. Remember this guy just got shot out of cannon by a bunch of clowns, and he's higher then he's ever been before. "A Black Hole" for stocks, I don't know...! I'm looking for a sideways market with underperforming stock speculation with lots of volatility and continued solid economic strength for this country. Europe will begin benefiting as players move money from our stocks and bonds to investment prospects in Europe and around the world.