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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (27694)7/14/1999 10:01:00 PM
From: SE  Read Replies (1) of 44573
 
LOL!

Lemme ask you in another way.....if you thought that the Market was going to drop from 1408 to 1380 and then bounce would you put a Stop at 1380?

Nope.

But then again, I don't expect it to drop that far....but after the numbers in the am, I do expect a bit of volatility.....

Besides, I keep thinking we have to hit 1380 before moving higher, but in order to do that, we have to take out 1397, which has been a formidable task....so I could be wrong and we keep going up from here. So I have 1380 as support.....a stop there would be suicide!

1394 or so would probably be a better stop....or my system stop at 1392.25....just to account for the pesky little spikes that we see way too often on the mini.....

I figgered sumthin out.....I have no clue what this market shall do! So I have harnessed the gurus, all of them, even includes OJ. In fact, his style I can copy rather easily as you will note....

"We are going to the moon. Get Ready To Rock This House!

There you see, the learning curve has already lessened since I peeled off a layer of ego and admitted I had a problem.

-Scott

PS - System went long at 1307, and I climbed on board at 1307.25....let's rock this house!
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