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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 (20114)	4/4/1999 10:32:00 AM
From: Gary E	Read Replies (2) \| Respond to of 44573

Was not attempting to predict a market move by looking at external news in general only interested in if there was a significant change with the market when DesertStorm occured, at that time my interest was "hope my pilot son and his crew are ok" 4:44 am... uh, when do ya sleep or maybe it's up early to get a good T time :)

To: Patrick Slevin who wrote (20114)	4/4/1999 2:07:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 44573

Just wanted to write and clarify a few things. First the reason for many of the blank responses yesterday was probably due to SI infamous squid errors. I tried to respond to many posts yesterday including yours and was squided until I finally gave up. In response to your original post. AG is not my buddy <g>. I only meant the example of how some of the bigger houses (and GZ) were buying calls during the October meltdown hours before he did the surprise rate cut. Obviously someone knew what he had in mind before he did it. Of course AG is GZ's dad so it is understandable there <ggg> Regarding the post I am responding to, I think forks etc can often signal news believe it or not. I don't know how many times something will signal a buy but the FA looks lousy until some "news" comes out and the stock or index bounces. I have often commented that I believe the market moves first, then the "news" is spun to explain the move afterward. Good Luck, Lee