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Re: FUT: Daily Sentiment Index



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Hi Alex,

I'd like to hear it since now that you have alerted us, I'll just do the
opposite.  However since you are aware of the problem, you may be
subconsciously changing your opinion, so then we should do what you say, but
then again...

Perhaps you should form a group of consistent losers here on RT's.  Any
volunteers. {;-)

                                        Good luck and good trading,

                                                    Ray Raffurty

----- Original Message -----
From: Alexander Levitin <alevitin@xxxxxxxx>
To: Howard Hopkins <hehohop@xxxxxxxxxxx>; <realtraders@xxxxxxxxxxxx>
Sent: Wednesday, August 11, 1999 10:10 AM
Subject: Re: FUT: Daily Sentiment Index


> Many years ago I talked with Jake Bernstein about it. At that time he
> selected a group of constant and persistent losers (people who were always
> wrong on the market) and they called him daily with their opinion of the
> market. Their opinion remarkable pinpointed turning points (at least on SP
> I was monitoring).
>
> I was on that list for some time (do not even dare to think why). The
> problem Jake had was the attrition. By the nature of the selection  those
> people run out of the capital, quit trading and stop their interest in the
> market. At some point Jake (jokingly) considered to bankroll those people
> so they would continue their trading so good were their opinions. The
group
> disappeared (to the best of my knowledge).
>
> Is anyone interested in my opinion of the market?
>
> Alex.
>
> At 09:24 AM 8/11/99 -0400, Howard Hopkins wrote:
> >Jake Bernstein talks about a Daily Sentiment Index for futures in his
book
> >`Why Trdares Lose, How Traders Win`.
> >
> >Does anyone know of a daily or weekly measurement of futures traders
> >sentiment?
> >
> >Any suggestions in this area are appreciated.
> >
> >Thanks,
> >Howard
> >
> >
> >_______________________________________________________________
> >Get Free Email and Do More On The Web. Visit http://www.msn.com
>
>
>