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To: GROUND ZERO™ who wrote (8763)11/18/1998 10:14:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
GZ, I closed out the short today and reversed to the long side at 127 16

As you will recall, I posted yesterday that the stop had tightened considerably

The short trade was about break-even

I could not post this earlier because SI was just too slow in terms of accessing it--better than yesterday when I could not access it most of the day. In fact, I missed going long yesterday by just 2 tics

As far as the signals are concerned they are purely technical and have no relevance to the fundamental situation as it relates to bond market.



To: GROUND ZERO™ who wrote (8763)11/19/1998 1:15:00 PM
From: SE  Read Replies (2) | Respond to of 44573
 
GZ,

On the pitchfork, I have noticed a considerable difference in some stock charts of the tines depending upon whether a standard or a logrithmic chart is used. Do you have any direct comment on the type of chart to use? ... or does it come down to which one produces a fork that historically has contained prices better?

-scott