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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (68317)	1/17/2004 1:45:54 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Pullback is based on options expiration. Robots are trading these markets. We can expect them to do something collectively, it's not uncommon.For example, they always trade opposite to the market when we are more than 2 standard deviations away from the mean. If the markets are liquid, robots always make money, that's why they are allowed to trade. Humans are trading these markets along with robots, but their collective behavior is more complicated and is harder to predict. -g- That's why I'm saying pullback, based on robot trading. Robots should sell next week. Will humans buy the dip or sell? I don't know. If the pullback breaks some support levels, such as 50 DMA or 50 RSI, humans will get scared -g-. Robots are never scared, they will attempt to buy the dip, but if humans are too scared, they might not succeed doing so. Robots are never afraid to short either. -g-