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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (82886)3/27/2002 9:05:03 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 99985
 
OK, you baited me out for a second.

>>fund have come up in the minus column<<

That is not my fund, Donald was the one calling the shots on that fund though we compared notes on it and I seriously doubt you are going to question his track record of calls.

His mother became very ill then passed away making it impossible for him to continue with it and we posted that we would not be able to keep up with it at the time. Because of his mother's illness, the shorts were kept on the entire last quarter of the year and we did not cover before Sept 11 as we were going to. When I offered to close them for him, he thought he would be able to still trade it but then things came up and her health deteriorated.

In our own accounts, we both did very well thank you. I actually had a better win loss ratio than any other year I have traded. This year has started out even better to the point it is scaring me I am so overdue for a bad trade.

I will make one confession as well. I called the wedge a flag in the beginning a few weeks ago because it was too early to see the tapering that was occuring. I was not trying to imply you were copying me specifically. Just merely seeing something that was obvious to everyone way before you said anything about it.

As for my re-enlistment. I am not worth hundreds of thousands of dollars and will likely have to work when I retire with 3 small ones to feed, cloth and put through college. I am not funded enough to be able to day trade for a living since I can not buy large enough lots. With the economy not exactly beckoning to hire people( though I didn't try to put out resumes) we felt it best for me to sign on for this last tour so I could finish a couple degrees and then put some feelers out for jobs on a known schedule. Especially now that I can get back into the B-52s I love, it was a good choice as I enjoy being involved in the B-52 program enormously. I didn't want to retire with a B-1 picture over my desk. -ggggg-

I have never left SI. I reduce my postings due to lack of time once in a while though never publically post as such and continue posting when I have more time available or have something important to say that I feel hasn't been mentioned. After this drop, there are a ton of good traders here that see and say most of what needs to be said. I usually only pipe in when everyone is missing something.

I doubt much would surprise me on our meeting. I have met enough Texans over my career that I pretty much have you pegged already.

Lee