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Re: Trader Vic



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Thanks. The insight and reasoning behind the market calls is what is of
interest to me. For me, to stop learning is to die. I agree that traders who
don't think for themselves are soon to be parted from their capital. I was
there too once.

Clint

-----Original Message-----
From: Robert W Cummings <robertwc@xxxxxxxxxxxxxxxxxx>
To: Clint Chastain <flag@xxxxxxxxxxxx>
Cc: Omega List <omega-list@xxxxxxxxxx>
Date: Wednesday, October 07, 1998 1:30 AM
Subject: Re: Trader Vic


>Clint;
>
>I think any method is better than no method and to really feel comfortable
>trading you have to come to these trading conclusions yourself. I see
>nothing wrong with doing what your asking and it will help you learn
>yourself that being the ultimate goal. Information is one thing advise is
>another but the reasoning behind the advise is important especially if he
>indeed has a good track record probably means he knows what he's talking
>about and you can learn that. Just don't let that stop you from thinking
>and learning to make your own decisions. Its an easy temptation to let
>others do your thinking and gaining confidence in them instead of yourself
>that you don't need. A good place to start if you like him go with it just
>remember to take responsibility for your loses and no blaming because its
>your money and thats the bottom line.
>
>Just my two cents
>Robert
>
>
>
>
>At 11:28 PM 10/6/98 -0500, Clint Chastain wrote:
>>I'm curious to know if any of you S&P traders have utilized a service
called
>>"Trader Vic's Market Views" as a supplement to your trading. This is a 900
>>number dial in thing in which the Trader Vic, Victor Sperandeo, gives you
>>his general market outlook as well as specific day trading tips, suggested
>>support resistance areas, etc for whatever he happens to be trading at the
>>moment (usually bonds or S&P).
>>
>>I don't know how good the day trading hints are but in my limited
exposure,
>>his "market views" seem to be correct about 80% of the time and he's often
>>about 24 hours ahead of what I hear on CNBC.
>>
>>My only interest in this service would be as a kind of tutor to help me
>>learn more about some of the fine points of day trading futures.
>>
>>Comments?
>>
>>Clint
>>
>>
>