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

To: Clay M who wrote (4534)	9/24/1998 12:23:00 PM
From: Patrick Slevin	Respond to of 44573

Depends on your point of view. I started reading what he said in JagNotes about 5 or 6 years ago and used it occasionally for options trades. I've been using the regular service now for two or three years. I don't trade off it, per se. I use it to halp make my decisions, that's all. But like Scott says he does make some incredible calls. However he can also be wrong same as anyone else. Also, it takes some time to get accustomed to. The first time you read something like "Sell the rally either at 8:35 or 8:55" you have to think the guy is nuts. Also, if there is no rally at 8:35 you have to know that you just sit back....don't sell it if there is no rally. Duh. Believe it or not I heard a guy ask him that question once. The guy thought 8:35 was 8:35 and selling into weakness was the thing to do. So yes, I like it or I would not have been buying it all this time. It's not for everyone though. You have to comfortable with the concepts. A lot of it is based on historical odds.....it's essentially trying to bet by figuring what the odds are for success and if you lose, you lose. But at least you have an idea which way to bet. He got burned yesterday. He decided after that he was going to track every Tick whenever AG speaks during market hours and come up with a "line" just for Greenspan-speak.