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


To: coug who wrote (6809)10/20/1998 10:10:00 AM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
Hi Coug--yep, I understand your cynicism

In many respects, I feel the same way though I will say that when Iqbal has cited these pit rumors, more often than not they have been correct. No idea whether he is referring to the locals or not.

I personally don't trade off this sort of stuff--but I do keep it at the back of my mind and if everything else seems to be in gear, I give it rather more credence. In many respects, I look at it similar to the info from the cycles experts--when they mention dates for a turn, I am more alert for that to occur though I don't accept it as a given.