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<DIV><FONT size=2>Norman,</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>The feedback that I received from you on my analysis of the
Soybean market is the type of exchange that makes RealTraders work for me.
When successful traders such as yourself confirm trades that I see; then my
confidence increases and I grow as a trader. My thanks.</FONT></DIV>
<DIV><FONT size=2>Dennis</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>nwinski <<A
href="mailto:nwinski@xxxxxxxxxxxxxxx">nwinski@xxxxxxxxxxxxxxx</A>><BR><B>To:
</B>RealTraders Discussion Group <<A
href="mailto:realtraders@xxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxx</A>><BR><B>Date:
</B>Thursday, November 19, 1998 3:52 PM<BR><B>Subject: </B>Re: FUTR: CZ & SF
New Moon Day Bullish or Bearish?<BR><BR></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; PADDING-LEFT: 5px"></FONT>
<P>Dennis Peterson wrote:
<BLOCKQUOTE TYPE = CITE> <FONT color=#000000><FONT
size=-1>RealTraders,</FONT></FONT><FONT color=#000000><FONT size=-1>For
111998, I am not ready to give up on the short side of the grains just yet
for they are up against strong resistance levels. The outlook for the next
few weeks (short term trading trend) still remains down. See <A
href="http://homepage.macomb.com/~mig/analysis/cz-sf-newmoonday.gif">Trading
Trend Tops for CZ & SF</A>.</FONT></FONT>
<P><FONT color=#000000><FONT size=-1>The analysis for December Corn also
applies to <A href="http://homepage.macomb.com/~mig/all-mo-dly.gif">March
Corn.</A></FONT></FONT><FONT color=#000000><FONT size=-1>Home Page <A
href="http://homepage.macomb.com/~mig/home.htm">http://homepage.macomb.com/~mig/home.htm</A></FONT></FONT></P></BLOCKQUOTE>
Dennis, <BR> Per my previous correspondance
with you, I exited my long Jan. Soybeans on Thursday's opening <BR>at
585. This trade was opened at 558 1/2, so I realized a 27.5 cent profit
or $1,375 profit. This is in addition to the earlier Soybean trade I did also
based on the transit of Mars thru Virgo. On the earlier <BR>trade, in early
October, I bot Nov. Soybeans at 521 and exited at 551 for a nice 30 cent or
$1,500 per contract profit. This was all done based on Mars entering Virgo and
then keying off the Lunar Cycle. <BR>Short term, I now agree with you Dennis,
that there should be a two to three week correction in the grains. The latter
is based on the current coincidence of the Lunar Cycle and Mercury. This was
explained in depth in the 1997-98 Forecast & Trading Manual.
<P>Cheers,
<P>Norman </P></BLOCKQUOTE>
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</x-html>From ???@??? Thu Nov 26 01:08:20 1998
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Date: Fri, 20 Nov 1998 07:03:22 -0700
Reply-To: "gbodnar@xxxxxxxxxxxxxxxx" <gbodnar@xxxxxxxxxxxxxxxx>
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From: gary bodnar <gbodnar@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: RE: Day Trading aspects.
X-To: "'gta3@xxxxxxxxxxxxx'" <gta3@xxxxxxxxxxxxx>,
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Then why did you post one? Another daytrader?
Not going to explain or defend anything!
Regards
Gary
-----Original Message-----
From: Tom Alexander [SMTP:gta3@xxxxxxxxxxxxx]
Sent: Friday, November 20, 1998 6:23 AM
To: RealTraders Discussion Group
Subject: Re: Day Trading aspects.
Since AT LEAST 90% of all traders lose money, and especially daytraders, I
would monitor that group for whatever they are doing and do something
different. I think you will find those who post the most are those losing
the most. Why would anyone who has a successful method want to spend his
time having to explain/defend what he is doing? Sorry, I don't buy the I
want to help others, camaraderie, I want to give something back, etc.
crowd. My experience is that there is ALWAYS another agenda.
Understand, there are people out there who are successful who will for one
reason or another take somebody under their wing. That is a different
situation. Lists and chat rooms can be very, very instructive but seldom in
the obvious way.
Regards,
Tom Alexander
----------
> From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Gen: Day Trading aspects.
> Date: Thursday, November 19, 1998 10:47 PM
>
> Hello RT's,
>
> I've been reading a chat channel for a few weeks that has a number of day
> traders on it mostly trading Spoos and Boos. It has been interesting to
say
> the least. It appears to me that most of these traders trade off of
Support
> and Resistance, Fibonacci levels, or pivots within that intra-day data.
Most
> of these traders put on both long and short positions within the same
day. I
> have read a significant amount of grumbling about their trades and the
> quality of that day for day trading.
>
> What I don't understand is not using the prevailing trend and the
developing
> intra-day trend to simply buy/sell pullbacks. For example going into the
> Spoos today we have a super strong upward move that has lasted more then
a
> month. The fed cut rates. The trade is still within an ascending channel
> etc., etc. So why were some of these traders shorting today?
>
> I tried day trading once some time ago and took a beating but with some
> research and careful observation I was thinking of trying it again. Am I
> missing something or is what they are doing an ineffective thing to do?
>
> Brent
>
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