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I work at the CME. When the announcement was made that Globex was shutting down due to technical difficulties, the pit traders and clerks roared with delight. 9950+ Eurodollars will put an end to open outcry, at the CME.

Being the bank or being the customer, the numbers we put up on a daily basis are huge in layman's terms. The stress in our industry is overwhelming. The layman works 5 days a week. We work 4 1/2 because we can. We deserve it. Do not rip yourself off.

Nitro, I believe in Patience on the way into a trade and Discipline on the way out. Patience and Discipline

Starting tomorrow, keep track for 6 months the money you made or lost in the final 3 hours of Friday trade. After 3 months you will be shocked. The last 3 hours are your treat for working hard all week. Do not rip yourself off.

The last 3 hours of trade on Friday afternoon, are the final 3 hours of trade for the week worldwide. 2/3 of the players are either sleeping or enjoying wine over dinner. Out of the remaining 1/3, half of them have started their weekend early. The last 3 hours are hardest trade of the week...

With reference to the S&P, do you buy a 130 handle rally in a Primary Bear Market, or do you sell it? The trend is your friend. Good luck on the best trading day of the month, Unemployment Friday.

Pabst, I totally agree with you that you do not sell a quiet market. The NASDAQ had an Outside Range Day today. This is a Minor Trend Change Indicator and our 3rd in a row. I have been a seller in the SPM from the 913-918 level for three days and have made money on every trade. 923-928 is...

Long live the Rising Wedge and long live technical analysis. Remember, it is not a profit until you take it.

Risk less, I have traded US Treasury Bond futures for 20 years, six of those years live in the pits of the London International Financial Futures Exchange. In 1985 the Bond had a similar chart formation than what have at the moment. If history repeats itself, the 135 handle is my long-term...

They had a look at the 920's, with 921.50 being the high. My friend was adding on to a 919.00 short, with sales at 922.00. We had sell points at 919.00, 922.00 and 926.00, with buy levels at 914.25 and 911.00. The 911's worked nicely in the morning and the 914.25 held as support twice later...

The Monthly S&P Futures chart has a trend line from the September 2000 highs to the March 2002 highs to todays high. For a long-term punt, be short the June S&P with a stop above today.s high of 923.70. The 50% retracement of this 7 week 136 handle rally is 68 handles of reward. 8-10 handle...

Brinker was looking for 18% move higher in the S&P's. This was achieved today.