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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 (6516)10/15/1998 4:12:00 PM
From: SE  Respond to of 44573
 
TT,

Just a thought. This might be a call for electronic trading...ie, having an account that you can trade electronically. Not that it is your normal trading, but if you were short a large SPOO contract, you might want to have an e-mini back-up account in place. Have a ticket written to go long 5 e-minis. That way if something unusual like this happens and you cannot get through to your broker quick enough to get out, you still can hit enter to establish an off-setting mini position via the computer and straighten it all out later. Just another form of insurance if you will.

Don't know how realistic it is seeing as how no one seems to have ever seen this type of action before....but holy shit. I just cannot imagine being on the wrong side of that storm. Scary stuff....

-Scott



To: Tom Trader who wrote (6516)10/15/1998 4:29:00 PM
From: Stoctrash  Read Replies (2) | Respond to of 44573
 
Exactly Tom, nothing has changed.
They even say it is to wart off a major economic problem in the works.
Too little Toooooo late is what my road map sez.

BTw...the Conference was great...
Have some interesting new tidbits on the MACD from the creator of it himself. In a nut shell, you use two or 3 MACD's in conjunction, using the faster ones to BUY , and the slower ones for sells. By this I mean the settings of the MACD, not the time frame of the chart itself. I'll kick it around later if anyone is interested.