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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 (9534)12/4/1998 1:35:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
I am beginning to think that my bearish MACD divergence has already been nullified by what I am looking at. Not much of a correction from the 75 level, but hey, no one's perfect. I am going to be looking to get long with a 4 point stop somewhere relatively soon I think. 1170 would be a good number as the stop would be at 1166, which if we hit, we will go lower, so I kinda like that arrangement....



To: Patrick Slevin who wrote (9534)12/4/1998 1:38:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
Music to my ears, Pat--please do let me know

I just got back from lunch at this hole in the wall place that serves very good Afghani food -- and you end up having to share the a table with someone if the place is full -- which it was today. Got into a convo with several programmers who asked me what I do -- and when I told them that I basically trade for a living they became rather animated; apparently that seems to be the aspiration of all these guys -- to quit their jobs and sit in front of a computer and trade away!!

I guess we have it made given that is what we do -- and I did not even know it!!

Anyway, I told them that I traded futures and options and with each revelation they got even more excited -- they all want to trade futures since several of them already traded options. I guess I did my part to ensure that the pool of people who lose their money trading futures is kept duly supplied:)