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I sat in on a couple of her sessions and wasn't impressed. A lot of chatter
and poor attempts at one-line humor in order to keep people from falling
asleep at the keyboard. A few attempts at occasionally scalping the S&P,
but she sets her Stops too close and also missed all the major pivots and
swings while I was watching. Her side-kick (Victoria) has some attachment
to the Coffee market, so there's a running commentary on those trades as
well as some Juice and Copper trades.
On Feb. 1, Linda called a Short in the S&P, but set her Stop too close and
was stopped out right at the top of the Market. Had she held, the trade
would have been worth 10 points by the end of the day-- 36 points by the end
of the following day-- and a max of 72 points a few days later. She seemed
to be completely obliviously to the fact that she had inadvertently called a
major top in the Market, then completely blown the trade.
Since it was too boring to sit in on the entire session, I asked if they
would make a list available of actual trades that they had executed during
the sessions, but they refused.
She has some mildly interesting perspectives on the Market and someone who
isn't very familiar with trading in general and more specifically, the S&P
-- I guess they could learn something, but I wouldn't expect to make any
money following their sessions.
____________________________________
At 09:18 AM 5/1/99 -0500, you wrote:
>Unless they've changed their policy recently, the Raschke/Pearson live
>commentary is free on the first day of the month (which is Monday).
>
>You can access via the web at http://www.mtrader.com/linda.htm
>or via IRC with software such as Mirc.
>
>Bob Hunt
>E-Mail: RHunt.066@xxxxxxxxxxxxxxxx
>Web Site: http://home.att.net/~rhunt.066
>--------------------------------------------------------------
>
>felixty@xxxxxxxxxxx wrote:
>>
>> http://www.mtrader.com/linda.htm
>>
>> It is not free for the live action,but older transcripts are available,useful
>> for me to see how wizrds think and do during market hours.
>>
>> Tom Cathey wrote:
>>
>> > Hi Everyone -
>> >
>> > I was reading Futures Rag today and noticed someone saying that Linda
>> > Raschke has a real time site where she trades and makes live comments.
>> >
>
>
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