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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (8994)4/1/2003 2:38:05 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 11447
 
it sure has that feeling. long YM. eom.



To: LTK007 who wrote (8994)4/1/2003 2:53:47 PM
From: LTK007  Read Replies (3) | Respond to of 11447
 
Ari bringing up he is dead or has fled innuendo by saying "saddam's abscence raises very interesting questions" Overriding view by me is market is genuinely now playing the Saddam is "no more", and are FOLLOWING the SAC Hedge Fund who sets the beat now..
card.
SAC is a Hedge Fund that plays ONLY intraday news the S.A. Cohen Hedge Fund (6billion dollars) and they account for 1% of volume in the stock market on average every day.
And others are now playing copy cat, nd selling when Cohen sells and buying when Cohen buys.
The S stands for Sam or Stan, i think Sam(Samuel).
I read a feeture on him last year, has a warwhouse set-up with then, 200 computer all with traders at them as Sam walks about shouting now buym buy, buy, now sell, sell,sell.
Complaint is that Sam as several minute lead time as he has instant acess to all news breaking.
So anyone with Level 3 or whatever, that can see what Sam(SAC HEDGE FUND) is doing can ride the pony.
As i have said numerous times Hedge Funds have changed the market place permanently, and will re-enforce that swing trading is the only way to survive.