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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 (2585)	8/26/1998 3:28:00 PM
From: SE	Read Replies (2) \| Respond to of 44573

Just had my assets handed to me. Got short per my system and did not close it quick enough. Nuts. Could not believe it was going to rock like it did and hate to cover a short when the PREM is real strong. Oh well....should have SAR'd, but whose to know.....

To: Patrick Slevin who wrote (2585)	8/26/1998 3:29:00 PM
From: Leland Charon	Read Replies (3) \| Respond to of 44573

Patrick, There is a fascinating interview on CNBC right now with Stanley Druckenmiller the head of the Quantum Fund. He is actually pretty bullish on the US stock market right now. He says that there is much more of a chance of a "melt up" than a "melt down" in the current market. This could be the reason for the bounce here. Another interesting side note: Had you invested $100,000 in the Quantum Fund in 1969 that investment would be worth $353,000,000 today. Fascinating. Leland