[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: AW: FOMC meeting?



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2314.1000" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT face=Arial size=2>We should have a survey each day on the 
Bearishnesh, bullishness, nuetralness of the members of this forum, compile the 
list, analyse it, and determine if using such a list would contribute as another 
indicator, contrarian or protarian, to help make trades.&nbsp; Sort of what they 
do on CNBC.&nbsp; I don't put much stock in the indicators they produce on CNBC, 
unless, of course, one would use it more as a contrarian to the contrarian 
indicators.</FONT></DIV>
<DIV><FONT face=Arial>Any for this.</FONT></DIV>
<DIV><FONT face=Arial>Matt</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV style="FONT: 10pt arial">----- Original Message ----- 
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A 
href="mailto:bobskc@xxxxxxxxxxxx"; title=bobskc@xxxxxxxxxxxx>BobsKC</A> </DIV>
<DIV><B>To:</B> <A href="mailto:ggautier@xxxxxxxxxxx"; 
title=ggautier@xxxxxxxxxxx>ggautier@xxxxxxxxxxx</A> ; <A 
href="mailto:realtraders@xxxxxxxxxxxx"; 
title=realtraders@xxxxxxxxxxxx>RealTraders Discussion Group</A> </DIV>
<DIV><B>Sent:</B> Tuesday, October 05, 1999 10:07 AM</DIV>
<DIV><B>Subject:</B> Re: AW: FOMC meeting?</DIV></DIV>
<DIV><BR></DIV>Ahhh.... The wall of worry!&nbsp; We climb it while screaming 
armagedden over<BR>and over and over and still, we do it.&nbsp; In fact, we 
*must* do it or bull<BR>markets would fail.&nbsp;&nbsp; The mails to this list 
proclaiming bubbles, (aka bull<BR>markets), are about to burst, only 
substantiate that the climb up the wall<BR>is continuing. Should nearly everyone 
on&nbsp; this list begin to proclaim we<BR>are past the problems, that the 
bubble was really a hot air balloon to<BR>prosperity and that the indices have 
only begun to rise.... *get out*.&nbsp;&nbsp; <BR><BR>Oh, I too am not so sure 
we won't see an increase of 1/4 pt today with a<BR>neutral bias.&nbsp; Almost as 
good as no increase since everyone will then be<BR>convinced the series has 
ended.&nbsp; Without an increase, worrywarts will just<BR>begin to worry about 
Nov.&nbsp; For me, I would like to see the final 1/4 point<BR>taken back and a 
return to focusing on earnings.<BR><BR>Bob<BR><BR>At 05:20 PM 10/5/99 +0100, 
Gwenael Gautier wrote:<BR>&gt;Ouch that hurts... Well I hope this is not to 
happen. Problem with bubbles<BR>is <BR>&gt;that they are recognized as obvious 
bubbles only after the fact. There are<BR>many <BR>&gt;situations that are 
comparable to bubbles but which never burst so they<BR>are not 
<BR>&gt;recognized as bubbles.It was said before 1987 we are in a bubble, and 
we<BR>had a <BR>&gt;crash and the bull we had after just dwarfed the previous, 
so where is the<BR>true <BR>&gt;bubble?<BR>&gt;<BR>&gt;still 
bubbling,<BR>&gt;<BR>&gt;Gwenn<BR>&gt;<BR>&gt;<BR>&gt;<BR>&gt;| 
-----Ursprungliche Nachricht-----<BR>&gt;| Von: Earl Adamy [<A 
href="mailto:SMTP:eadamy@xxxxxxxxxx";>SMTP:eadamy@xxxxxxxxxx</A>]<BR>&gt;| 
Gesendet am: Tuesday, October 05, 1999 1:32 PM<BR>&gt;| An: RealTraders 
Discussion Group<BR>&gt;| Betreff: Re: FOMC meeting?<BR>&gt;|<BR>&gt;| AG is 
responsible for guiding the monetary and interest rate policies 
of<BR>the<BR>&gt;| US and this includes managing and preventing excessive 
speculation and<BR>&gt;| consumption whether it be in banking, real estate, 
credit, or stock<BR>markets.<BR>&gt;| Allowing bubbles to build and then explode 
wrecks the economy for everyone,<BR>&gt;| not just the irresponsible speculators 
- clearly an area where government<BR>&gt;| has a responsibility to act. Early 
in his career, AG wrote some papers on<BR>&gt;| the crash of 29 which criticized 
the central bankers for allowing excessive<BR>&gt;| speculation and credit to 
grow unabated. Just a few years ago, AG had it<BR>&gt;| right when he spoke of 
"irrational exuberance", however he was unwilling to<BR>&gt;| pay the (probably 
very substantial) political price of raising interest and<BR>&gt;| margin rates 
to head off the bubble. Nor have our central bankers and<BR>&gt;| politicians 
been willing to bring an end to the import of endless cheap<BR>&gt;| goods which 
have held inflation in check and spurred consumption while<BR>&gt;| exporting a 
major portion of the US manufacturing base and building an<BR>&gt;| incredible 
trade deficit. Consequently, by most historical measures, US<BR>&gt;| equity and 
credit markets have bubbled to the point where a prick of the<BR>&gt;| bubble 
poses a serious threat to not only the US economy, but the world<BR>&gt;| 
economy as well.<BR>&gt;|<BR>&gt;| When the bubble does burst, as it inevitably 
will, the retirement savings<BR>&gt;| and pension plans of at least two 
generations will be placed in jeopardy.<BR>&gt;| Not only are these generations 
at risk of losing their financial<BR>&gt;| independence, but government tax 
coffers shorn of the stock market tax<BR>&gt;| bonanza will be incapable of 
providing a safety net. Further, US workers<BR>&gt;| will wake up to find that 
few are in a position to support the huge US<BR>&gt;| service economy and that 
there are few manufacturing jobs remaining. In<BR>&gt;| short, what happened in 
Japan in 1989 won't begin to compare to what will<BR>&gt;| happen in the US when 
the bubble bursts.<BR>&gt;|<BR>&gt;| Earl<BR>&gt;|<BR>&gt;| ----- Original 
Message -----<BR>&gt;| From: Gwenael Gautier &lt;<A 
href="mailto:ggautier@xxxxxxxxxxx";>ggautier@xxxxxxxxxxx</A>&gt;<BR>&gt;| To: 
'James Taylor' &lt;<A 
href="mailto:jptaylor@xxxxxxxxxxxxxxx";>jptaylor@xxxxxxxxxxxxxxx</A>&gt;; 
RealTraders Discussion Group<BR>&gt;| &lt;<A 
href="mailto:realtraders@xxxxxxxxxxxx";>realtraders@xxxxxxxxxxxx</A>&gt;<BR>&gt;| 
Sent: Tuesday, October 05, 1999 2:05 AM<BR>&gt;| Subject: AW: FOMC 
meeting?<BR>&gt;|<BR>&gt;|<BR>&gt;| &gt; People make their own decisions and 
choices. Whether Mr G. was right or<BR>&gt;| wrong<BR>&gt;| &gt; to make the 
decisions he made remains to be seen in hindsight, but it is<BR>&gt;| 
people<BR>&gt;| &gt; who acted on their own buying these stocks, working for 
these companies<BR>&gt;| that<BR>&gt;| &gt; lay off, did not start their own 
companies, did not buy the stocks,<BR>&gt;| speculated<BR>&gt;| &gt; short term 
instead of holding long term, or bought houses and cars<BR>instead<BR>&gt;| 
of<BR>&gt;| &gt; stocks, or the reverse, borrowed instead of saved. How can you 
say G. is<BR>&gt;| &gt; responsible for what people do. As you mentionned most 
are irrational,<BR>and<BR>&gt;| do<BR>&gt;| &gt; irrational things and then 
complain about unexpected results... Well, you<BR>&gt;| bet!<BR>&gt;| &gt; That 
shouldn't be a surprise, but I don't see what G. is doing in there.<BR>&gt;| 
&gt;<BR>&gt;| &gt; Gwenn<BR>&gt;| &gt;<BR>&gt;| &gt;<BR>&gt;| &gt;<BR>&gt;| &gt; 
| -----Ursprungliche Nachricht-----<BR>&gt;| &gt; | Von: James Taylor [<A 
href="mailto:SMTP:jptaylor@xxxxxxxxxxxxxxx";>SMTP:jptaylor@xxxxxxxxxxxxxxx</A>]<BR>&gt;| 
&gt; | Gesendet am: Tuesday, October 05, 1999 4:06 AM<BR>&gt;| &gt; | An: RAY 
RAFFURTY; fritz@xxxxxxxx; RealTraders 
Discussion Group<BR>&gt;| &gt; | Betreff: Re: FOMC meeting?<BR>&gt;| &gt; 
|<BR>&gt;| &gt; | If the scum-sucker Greenspan has any spine at all, he will 
raise<BR>&gt;| tomorrow,<BR>&gt;| &gt; | and catch the gambling public 
flat-footed.&nbsp;&nbsp; This 'man' (and I use the<BR>&gt;| term<BR>&gt;| &gt; | 
loosely) will be hated by tens of millions of American's when 
this<BR>ponzi<BR>&gt;| &gt; | scheme finally ends.&nbsp; A heck of a lot of 
innocent, hard-working<BR>citizens<BR>&gt;| &gt; | will be hurt by his past 
bubble cultivation.&nbsp; When the blind-sided<BR>&gt;| public<BR>&gt;| &gt; | 
end up unemployed, their families put on the street, and hungry, this<BR>&gt;| 
joker<BR>&gt;| &gt; | will think long and hard about the choices he made.&nbsp; 
I wouldn't want to<BR>&gt;| be<BR>&gt;| &gt; | him.&nbsp; Rednecks don't act 
rationally when they are hungry and cold.<BR>&gt;| &gt; |<BR>&gt;| &gt; | 
Signed,<BR>&gt;| &gt; | an informed student of economics and government 
mismanagement and<BR>&gt;| deception<BR>&gt;| &gt; |<BR>&gt;| &gt; | 
-------------<BR>&gt;| &gt; |<BR>&gt;| &gt; | At 09:42 PM 10/4/99 -0400, RAY 
RAFFURTY wrote:<BR>&gt;| &gt; | &gt;Hi Gary,<BR>&gt;| &gt; | &gt;<BR>&gt;| &gt; 
| &gt;Actually, to get a jump on the Fed. meeting tune into CNBC at 
about<BR>&gt;| 8:00 AM<BR>&gt;| &gt; | &gt;EST for Mr. Greenspan's briefcase 
indicator.&nbsp; It has been correct<BR>&gt;| something<BR>&gt;| &gt; | &gt;like 
18 out of the last 19 times.&nbsp; {;-)<BR>&gt;| &gt; | &gt;<BR>&gt;| &gt; | 
&gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
Good luck and good<BR>trading,<BR>&gt;| &gt; | &gt;<BR>&gt;| &gt; | 
&gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
Ray Raffurty<BR>&gt;| &gt; | &gt;<BR>&gt;| &gt; | &gt;<BR>&gt;| &gt; | &gt;----- 
Original Message -----<BR>&gt;| &gt; | &gt;From: Gary Fritz &lt;<A 
href="mailto:fritz@xxxxxxxx";>fritz@xxxxxxxx</A>&gt;<BR>&gt;| &gt; | &gt;To: 
RealTraders Discussion Group &lt;<A 
href="mailto:realtraders@xxxxxxxxxxxx";>realtraders@xxxxxxxxxxxx</A>&gt;<BR>&gt;| 
&gt; | &gt;Sent: Monday, October 04, 1999 4:34 PM<BR>&gt;| &gt; | &gt;Subject: 
FOMC meeting?<BR>&gt;| &gt; | &gt;<BR>&gt;| &gt; | &gt;<BR>&gt;| &gt; | &gt;&gt; 
I'm holding a long position into tomorrow and I figured I'd check...<BR>&gt;| 
&gt; | &gt;&gt;<BR>&gt;| &gt; | &gt;&gt; The FOMC meeting starts tommorrow 
morning at 0900 ET.&nbsp; But there is<BR>&gt;| &gt; | &gt;&gt; usually not any 
impact from the *start* of the meeting, right?&nbsp; Any<BR>&gt;| &gt; | 
&gt;&gt; fireworks, if any are to happen, shouldn't launch until 
they<BR>announce<BR>&gt;| &gt; | &gt;&gt; on Thursday at 1400 ET?<BR>&gt;| &gt; 
| &gt;&gt;<BR>&gt;| &gt; | &gt;&gt; The market doesn't seem to think Mr. G. will 
drop any bombs on<BR>&gt;| &gt; | &gt;&gt; Thursday, given the run-up since 
Friday afternoon.&nbsp; Anybody want to<BR>&gt;| &gt; | &gt;&gt; hazard any 
predictions?<BR>&gt;| &gt; | &gt;&gt;<BR>&gt;| &gt; | &gt;&gt; Thanks,<BR>&gt;| 
&gt; | &gt;&gt; Gary<BR>&gt;| &gt; | &gt;&gt;<BR>&gt;| &gt; | &gt;&gt;<BR>&gt;| 
&gt; | &gt;&gt;<BR>&gt;| &gt; | &gt;<BR>&gt;| &gt; | &gt;<BR>&gt;| &gt; | 
&gt;<BR>&gt;|<BR>&gt;<BR></BODY></HTML>
</x-html>From ???@??? Tue Oct 05 16:34:40 1999
Return-Path: <owner-realtraders@xxxxxxxxxxxx>
Received: from ml.nw.verio.net (ml.nw.verio.net [204.202.220.47])
	by purebytes.com (8.8.7/8.8.7) with ESMTP id MAA04990
	for <neal@xxxxxxxxxxxxx>; Tue, 5 Oct 1999 12:31:07 -0700
Received: (from majordom@xxxxxxxxx)
	by ml.nw.verio.net (970819888) id LAA17215
	for realtraders-sendemout; Tue, 5 Oct 1999 11:25:14 -0700 (PDT)
Received: from mail1.nwnet.net (mail1.nwnet.net [192.220.251.8])
	by ml.nw.verio.net (970819888) with ESMTP id LAA17200
	for <realtraders@xxxxxxxxxxxxxxx>; Tue, 5 Oct 1999 11:25:07 -0700 (PDT)
Received: from bob.tri-lakes.net (bob.tri-lakes.net [207.3.81.6])
	by mail1.nwnet.net (970819888) with SMTP id LAA13972
	for <realtraders@xxxxxxxxxxxx>; Tue, 5 Oct 1999 11:25:02 -0700 (PDT)
Received: from [207.3.74.177] by bob.tri-lakes.net (NTMail 3.03.0017/) with ESMTP id aa023660 for <realtraders@xxxxxxxxxxxx>; Tue, 5 Oct 1999 12:49:02 -0500
Message-ID: <013b01bf0f6a$84324420$b74a03cf@xxxxxxxxxxxx>
Reply-To: "Kohath" <kohath@xxxxxxxxxxxxx>
From: "Kohath" <kohath@xxxxxxxxxxxxx>
To: "Brent" <brente@xxxxxxxxxxxx>, <Proffittak@xxxxxxx>,
        <t-bondtrader@xxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxx>
References: <27c62bad.252b6b13@xxxxxxx> <02b401bf0f54$10f93420$cb1dbed8@xxxxxxxx>
Subject: Re: GEN: Stop me before I day Trade again!
Date: Tue, 5 Oct 1999 12:47:52 -0700
MIME-Version: 1.0
Content-Type: multipart/alternative;
	boundary="----=_NextPart_000_0135_01BF0F2F.D66228E0"
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2314.1300
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2314.1300
Sender: owner-realtraders@xxxxxxxxxxxx
Precedence: bulk
Status:   

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2314.1000" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT face=Arial size=2>Hello Ben;</FONT></DIV>
<DIV><FONT face=Arial>Is this a LEGALLY Binding document, and, if so, are you 
prepared to cough up $6,000,000?</FONT></DIV>
<DIV><FONT face=Arial>Matt</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV style="FONT: 10pt arial">----- Original Message ----- 
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A 
href="mailto:brente@xxxxxxxxxxxx"; title=brente@xxxxxxxxxxxx>Brent</A> </DIV>
<DIV><B>To:</B> <A href="mailto:Proffittak@xxxxxxx"; 
title=Proffittak@xxxxxxx>Proffittak@xxxxxxx</A> ; <A 
href="mailto:t-bondtrader@xxxxxxxxxxxxx"; 
title=t-bondtrader@xxxxxxxxxxxxx>t-bondtrader@xxxxxxxxxxxxx</A> </DIV>
<DIV><B>Cc:</B> <A href="mailto:realtraders@xxxxxxxxxxxx"; 
title=realtraders@xxxxxxxxxxxx>realtraders@xxxxxxxxxxxx</A> </DIV>
<DIV><B>Sent:</B> Tuesday, October 05, 1999 10:06 AM</DIV>
<DIV><B>Subject:</B> Re: GEN: Stop me before I day Trade again!</DIV></DIV>
<DIV><BR></DIV>Hi Ben, let us know if anyone takes you up on your challenge. It 
wont be me,<BR>I don't day trade. However, I've been testing an approach to day 
trading<BR>that isn't so stressful, so watch out Ben someone else might be doing 
this.<BR><BR>Brent<BR><BR>&gt; good morning<BR>&gt; even&nbsp; seasoned 
traders&nbsp; LOSE the war in day trading<BR>&gt; it takes&nbsp; a GRATER&nbsp; 
toll on your emotions&nbsp; stress&nbsp; is greater<BR>&gt; and if you do not 
make your 1.5 million&nbsp; in2=3 years<BR>&gt; YOU WILL BURN OUT<BR>&gt; (both 
mentally and&nbsp; financially)<BR>&gt; i do not care&nbsp; how good&nbsp; your 
m/m&nbsp; is.&nbsp;&nbsp; the POWER&nbsp; to acually pick up the<BR>&gt; phone 
and close position at a loss IS&nbsp; the real&nbsp;&nbsp; test of mony 
mgt<BR>&gt; I even tried&nbsp;&nbsp; a combo of 50/50&nbsp; (50 day trade and 
50%&nbsp; of capital<BR>position<BR>&gt; trade)<BR>&gt; results even more 
stress,, which resulted&nbsp; to&nbsp; LARGER&nbsp; losses<BR>&gt;<BR>&gt; if 
ANYONE&nbsp; on this list&nbsp; can fax me copies of their statments&nbsp; with 
1 year<BR>&gt; of CONSISTANT&nbsp;&nbsp;&nbsp; day trading proffits.<BR>&gt; and 
i mean&nbsp;&nbsp; 8 out of 12 month, and made&nbsp; at least&nbsp;&nbsp; 
100%&nbsp; increase on<BR>their<BR>&gt; original&nbsp; capital&nbsp;&nbsp; , I 
will mach&nbsp; and GIFT&nbsp; them&nbsp;&nbsp; 100% of their original<BR>&gt; 
capital and take my hat off and bow,,<BR>&gt; happy trading<BR>&gt; 
Ben<BR>&gt;<BR>&gt;<BR><BR></BODY></HTML>
</x-html>From ???@??? Tue Oct 05 16:35:09 1999
Return-Path: <owner-realtraders@xxxxxxxxxxxx>
Received: from ml.nw.verio.net (ml.nw.verio.net [204.202.220.47])
	by purebytes.com (8.8.7/8.8.7) with ESMTP id OAA07486
	for <neal@xxxxxxxxxxxxx>; Tue, 5 Oct 1999 14:01:28 -0700
Received: (from majordom@xxxxxxxxx)
	by ml.nw.verio.net (970819888) id MAA29674
	for realtraders-sendemout; Tue, 5 Oct 1999 12:56:36 -0700 (PDT)
Received: from mail1.nwnet.net (mail1.nwnet.net [192.220.251.8])
	by ml.nw.verio.net (970819888) with ESMTP id MAA29657
	for <realtraders@xxxxxxxxxxxxxxx>; Tue, 5 Oct 1999 12:56:29 -0700 (PDT)
Received: from imo-d06.mx.aol.com (imo-d06.mx.aol.com [205.188.157.38])
	by mail1.nwnet.net (970819888) with ESMTP id MAA20491
	for <realtraders@xxxxxxxxxxxx>; Tue, 5 Oct 1999 12:56:22 -0700 (PDT)
From: Proffittak@xxxxxxx
Received: from Proffittak@xxxxxxx
	by imo-d06.mx.aol.com (mail_out_v22.4.) id iHJT0rXXLk (4417);
	Tue, 5 Oct 1999 15:55:50 -0400 (EDT)
Message-ID: <bc69c0b5.252bb1c6@xxxxxxx>
Date: Tue, 5 Oct 1999 15:55:50 EDT
Subject: Re: GEN: Stop me before I day Trade again!
To: hehohop@xxxxxxxxxxx
CC: realtraders@xxxxxxxxxxxx
MIME-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Content-Transfer-Encoding: 7bit
X-Mailer: AOL 4.0 for Windows 95 sub 214
Sender: owner-realtraders@xxxxxxxxxxxx
Precedence: bulk
Status:   

In a message dated 10/5/99 3:44:48 PM Eastern Daylight Time, 
hehohop@xxxxxxxxxxx writes:

<< Ben,
 
 I been profitably daytrading the S&P for the last year or so.  I trade one 
 lots in my own account.  For the calender year 99 I'm up $11,481.52 as of 
 9/30/99.  I was profitable Every month but one, in which I lost $139.  I 
 keep the average balance in my account is around $15,000.  But I have made 
 100% of the margin required to trade a one lot.
  >>
hi
if you  are so good
why only have a 15000 acount???
if you show a year of good truck record you can get $$$   from many
and make a good living