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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (1800)	12/19/1997 1:02:00 AM
From: Staff	Read Replies (2) \| Respond to of 5676

Super article Chip! Speaking from personal experience being a one time old currency trader myself... I think many think don't realize that on a daily basis it is the biggest single market bar none in the world. Literally a trillion dollars plus change hands per day. Nothing compares. The currency traders are labeled the "vampires of the markets". Trust me when i say, they are the most savvy of them all. They seek what is right and make it so despite all the demagoguery. Intervention invites a vampires feast. You intervene.. You ask for what you reap... It does exactly the opposite of what it tries to defend against. I don't understand the intervention. It never works and just delays the inevitable. Tomorrow will tell the tale. The 100 Plus was a nice lick but to be honest I was looking for 200 or 300 at least. Maybe I'm being to cute. Heck... should be happy it at least didn't go higher I guess. I want to see at least 100 or more tomorrow or I must say I basically won the battle and lost the war. This is no correction.. this should be the beginning of a big move. I'm not looking for 100 to 200 points in this run but a a mini big kahuna :-) tomorrow and Monday have got to get really rockin here. No 100-point stuff but we need some size. We will know in a few days. I'm not a good fortune teller and far from being close with the inside info from god so I'm winging it here based strictly on my tech work. Could be wrong... but.. Then again.. a blind squirrel finds a nut every now and then :-) I'd feel better if GZ was looking for a big crash with us here... His tech work is first class and I don't like it my work is not in unison with his. It ususally is but he documents it not me so he gets the credit for his performance to date hands down. . I'm sort of a silent admirer of his work. Guy is good. I've flamed big time most self-proclaimed guru's who have not a clue. He's no holy grail but I'd say ...well.... He's good and it's not my first rodeo... Probably the only guy I've seen on SI in over a year that is worth reading... Anyway.... lets get ready.... What's in those astrological cards for the weekend amigo? Your the pro there. Anything squaring in the next few days? I appreciate your input notes. At present have over 1600 points made in a few S&P's and hoping for some follow threw tomorrow. Been there before and have gone down in flames so I'm not breaking open any Dom yet!! Well just have to roll the bones and see what happens tomorrow amigo.. Fridays are always a mystery.... Good luck trading... keep that wind to your back my friend! based on my astrological stuff... lots of emotion and discontent in the air... agree? Speak to me!!!