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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Leland Charon who wrote (3149)	9/3/1998 11:24:00 AM
From: SE	Respond to of 44573

Don't like the looks of the signal....it is bouncing a bit too far for my liking.

To: Leland Charon who wrote (3149)	9/3/1998 11:24:00 AM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

>>Right now I am having fun trading the stocks although it can be VERY stressful at times. << Well Leland, when you start trading the futures then you'll know what stress really means. Whether the trade is going in your favor or against you-- when you see those big moves--and you have a position, you'll see what I mean.

To: Leland Charon who wrote (3149)	9/3/1998 11:25:00 AM
From: Stoctrash	Respond to of 44573

Next few weeks.....this query says up, but up from what level????? Fact: September 1, 1998 is 4 days before Labor Day. Q: What happens when there is a relatively large stock market rally 4 days before Labor Day? A: Two weeks later, the Dow is over 4% higher, on average, in 8 of 11 past occurrences. Note that some of the biggest rallies unfolded after a down month in August! Let variable values: theSec = DJIA_ACT Date Day 2w AUG 08/31/1909 Tue -0.031 1.581 08/26/1919 Tue 4.250 -4.352 08/30/1921 Tue 5.723 -2.698 08/29/1922 Tue 0.397 4.623 08/26/1930 Tue 4.085 0.813 08/29/1939 Tue 12.162 -4.164 08/31/1943 Tue 0.732 1.955 08/27/1957 Tue -0.660 -5.662 08/30/1966 Tue 3.933 -7.119 08/31/1982 Tue 3.233 9.634 08/26/1986 Tue -1.300 7.973 09/01/1998 Tue NaN -10.918 Avg 2.957 -0.695 AvgPos 4.315 4.430 AvgNeg -0.663 -5.819 PctPos 72.727 50.000 PctNeg 27.273 50.000 Maximum 12.162 9.634 Minimum -1.300 -10.918 StdDev 3.847 6.212 ZStat 0.769 -0.112 Variance 14.799 38.586

To: Leland Charon who wrote (3149)	9/3/1998 6:27:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

I think Tom is going to be disappointed. I don't believe SI has more than a dozen futures traders and of those all the day traders are here already. I for one appreciate the camaraderie but Futures Traders look to other places for source. SI is a magnet for Stock Jockeys. Particularly Penny Stock Jockeys. It would, perhaps, be better if we all found a more fertile place for those of our ilk to migrate to. I'm willing to search for one as time permits. I'm sure there has to be a place for us somewhere.