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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 (2914)9/1/1998 8:32:00 AM
From: Leland Charon  Read Replies (1) | Respond to of 44573
 
Patrick,

I heard that a couple of hedge funds were buying the spoos hot and heavy last night. The assumption I heard is that they want to prop the market up so they can sell into strength.

FWIW,

Leland



To: Patrick Slevin who wrote (2914)9/1/1998 8:36:00 AM
From: SE  Read Replies (2) | Respond to of 44573
 
Yes, it is remarkable. When they move this fast, I just simply feel uneasy and then 10 minutes later I realize that I could have just put in a market sell and made money. It is crazy. Hardest part about these fast markets is sticking to the plan I think. As much as yesterday's cover at 1102 hurt after the fact, it was still the right move, I think! :)



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