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

To: Patrick Slevin who wrote (9209)	12/1/1998 4:18:00 PM
From: SE	Respond to of 44573

Yeah, those darn MACD divergences....just the ticket, aren't they? :) I have a fair amount of confidence in the divergence to call the move. Normally on the one minute bars they are pretty damn accurate....this morning's was fantastic as was this afternoon's. The short divergence worked, but not as well...that was the trade I took. Should have done the two longs instead.....oh well. The Linda Raschke trading room was interesting, but she did not spend much time talking about the SPOOS. Most of it seemed to be just her observations about the market in general...which of course affects the SPOOS and her trades in the other commodity markets. She took the same short I did although I beat her to it. Her exit was better than mine although... All in all not an experience that would be worth the price of admission in my humble opinion. Many of the traders on this and other boards could and do provide us with the same or better market analysis in just as timely a fashion. Not a knock against what Linda is doing, just my observation. She appears to be a solid trader....but the chat room wasn't for me. Have a great night everyone....