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

To: Patrick Slevin who wrote (42870)	12/27/2000 11:11:06 AM
From: virtualsignal	Read Replies (1) \| Respond to of 44573

Maybe I'm coming across as a pest, sorry if that's the case. Actually, I envy your contacts with other people in the business. Wow, hope you had your long trade going into these spikes.

To: Patrick Slevin who wrote (42870)	12/27/2000 12:05:39 PM
From: SE	Read Replies (2) \| Respond to of 44573

I am certain that everyone understood my caveat that always applies to my pattern for the day....I mean if it doesn't go up, it will go down or sideways. That kind of thing. I don't have to make the explicit everyday, do I? It appears, for reasons beyond my control, that I am in the market for a new brokerage. What a pain. Such is life. Real tempted to go to IB, but the java interface has me a bit concerned about stability issues. Also very concerned about what happens when the system goes down. I ALWAYS put a hard stop on the books, so as long as the stop is in it should not be a big issue. Looks like for $4 more, I can choose among several firms: PFG Best, Keystone Trading, I don't recall right now, but another was mentioned. Anyone have any strong sentiment one way or another? Don't worry, I won't ask about Lind....I have heard some things about them. It wasn't real clear whether it was good or bad, but I think I have a full plate, so I am not going to inquire about them.

To: Patrick Slevin who wrote (42870)	12/27/2000 6:22:51 PM
From: SE	Read Replies (2) \| Respond to of 44573

Looking for an early low around 10:30, unless we gap lower, in which case the open will likely be the low point. Does not have to be a true gap, just a gap lower. A high is expected at 12:00, or perhaps a touch later, followed by a low point at 13:00, although on one day it came at 14:00 and a run up to the close. In no cases was the late low at 13:00 or 14:00 lower than the first low at the open or at 10:30. It is a one way up expectation. Best trade seems to be either buy the early low and hold to the close, or to buy the low at 13:00 to 14:00 for the run to the close. With a gap lower, the early buy would be the best trade, otherwise, might want to wait a bit and consider either the 10;30 low or the 13:00 low for the buy. I did come across one day that was a one way down day, and the 13:00 expected low was a high and the morning low was broken a short time later at 13:35. So watch out for that possibility.