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

To: SE who wrote (14930)	2/6/1999 1:55:00 PM
From: coug	Read Replies (1) \| Respond to of 44573

Hi Scott, Laying around waiting for the wind to die down, I have been cruising these E-trading sites.. There are some real horror stories out there about hot money traders flying completely blind and losing big time.. Hot long can it last?? As long as the money keeps rolling in.. I read about so called Level-2 experts interpretating what the market makers are doing NOT knowing what a margin call is.. Scary!! I have this book, "When the Bubble Broke" giving an account of the 29 crash from the human interest side of many individuals from the rich to the working man and how they lost.. If it ever happens again, there will be a myriad of stories like that.. That said, I'm guessing will base a little while Monday, and try another rally.. Yesterday, IMO, was similar to 1/22/99, a friday after a sell off.. MY directional indicators, on the 15' and 60' bars are in a similar oversold postion.. ready to cross up. I hope GLBX doesn't rally big time Sunday night.. I hope it is flat to down.. Good luck....Coug