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

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To: Chip McVickar who wrote (30513)8/13/1999 12:31:00 PM
From: Patrick Slevin  Read Replies (1) of 44573
 
Um, I must have mis-spoke.

I am not Shorting into strength. I'm just bringing up the Stop on an existing Long and walking away from it....

If I'm not Stopped by the end of the Day then I guess I'll be Long over the weekend....but even at this point....if I get stopped out now it will be over a 20 point gain. If I raise it and I don't get Stopped I'll then have a 25, perhaps 30....who knows...point cushion going into Sunday night.

Monday I have to start plotting out how I wish to play CPI, so if I still have it on Monday my guess is that the day will see me go Flat at some point due to the likely Volatility inherent during a day ahead of such a report.
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