Gary Halbert · whole document (80)
zflk blitzkrieg paradigm
8:30-8:45 a.m.
Might trade more bonds. Might not. Never trades when
there's this thing the futures exchanges calls a "fast
market" which is signaled by an "F" popping up
on the screen of one of his machines.
8:45-9:27 a.m.
Tons of faxes start to roll in. Matches this info with
opinions he's written the night before and taped to his quote
machine.
9:28 a.m.
Reviews his checklist which is laminated and taped to
the right hand corner of his desk. One item: "Is the MTO (Magic T Oscillator) in positive or negative
mode?"
9:29 a.m.
On the phone to the S&P pit. Gets violent if this
sacred time is violated.
9:30 am-12:30
p.m
Stock market opens. Trades, keeps track of trades and
looks for patterns. "Pattern
recognition," he says, "is
my karma."
12:30-1:00 p.m.
Orders a number four to go from Seaside Superette.
Posts charts at his desk while eating his number four.
1:00-4:00
p.m.
More trading, keeping track of trading and looking for
patterns.
4:00-4:15 p.m.
Hey, now this is interesting! He says, "There's
a fifteen-minute flurry when the stock market's closed, but
the S&Ps are still trading. This is when you can really
get clobbered. The premium level will rise or fall based on
the orders for the close and the psychological setup for the
next day's trading."