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


To: Chip McVickar who wrote (23363)5/17/1999 12:34:00 PM
From: Jimsy  Read Replies (1) | Respond to of 44573
 
Critical area here- I see AG with no change tomorrow, then FOMC minutes saying/warning of upside bias, to cool the markets a bit going into what should be good 2nd qtr earnings, and if things really get cooking, a surprise .25 pt raise unexpectedly.

Looks like we had a bit of a mini short covering rally as everyone went to lunch.

On th other hand it sort of looks like a bottom of the selling. I scale a bunch of indexes scaled to screen into an INDU chart. When they all round out at the bottom or top at the same point, it usually means we have a reversal, but does not indicate how strong. And today would not expect strong reversal. Might bounce on emore time off 1326 area.



To: Chip McVickar who wrote (23363)5/17/1999 2:08:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
Lost total interest.

I was just saying to Scott, the LeoWeb techs have been on and off the phone with me all ay which effectively keeps me from trading over at Man.

Plus, each time they call I have to take down Tradestation which is a definite "DO NOT DO".

They are trying to help but even the techs are stumped and the programmer that wrote the software also is perplexed.

In effect, this foray into LeoWeb has put me out of business. It may not seem like much, but I still have bills to pay and now I have no income. It may take at least a week to XFer accounts to BestDirect or somewhere else so I'm dead in the water.

AG can do anything he likes, but I won't be able to trade it. So I am planning on ignoring the market for a week or so until this all gets straightened out.