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

To: Tom Trader who wrote (3972)	9/13/1998 11:05:00 PM
From: Stoctrash	Read Replies (1) \| Respond to of 44573

Tom, its "nuts out there". I'll try to post the HOURLy P*Stops since that is the way to go here IMO. Daily picture don't mean too much right now. Currently: Long...with a stop at 992. I think this wild stuff continues for a while since the eco stuff is basically unchanged from week to week, and then of course we have this DC show going on.

To: Tom Trader who wrote (3972)	9/14/1998 7:22:00 AM
From: Arik T.G.	Read Replies (2) \| Respond to of 44573

Tom, >> I have been stopped out using money management stops three times in the six weeks or so--which has never happened before ever.... Almost as if the dynamics of the market itself have changed. And may I add 1. The longest series of continuation signals ever. 2. 9 out of the 10 most heavily traded days ever in the NYSE. The other was the day after the October mini crash. Both uncharacteristic series of events happening since the July top. ATG

To: Tom Trader who wrote (3972)	9/14/1998 7:36:00 AM
From: Patrick Slevin	Read Replies (2) \| Respond to of 44573

<Not sure why the system is doing so badly at this time> Perhaps it's just a case of the averages catching up. I'm sure your averages were not as good prior to earlier this year when you were taking large numbers in faster and faster time periods. Two things, I was reading an opinion (by McMillan) that caution should be exercised as last Tuesday's rally did not carry into Wednesday. And the 55 day cycle that Leland mentioned. He said CNBC stated it was last Thursday. Not really. Last Thursday was the 55th day after the highest DJIA close, but today is the day it hits after the last intraday high.