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Strategies & Market Trends : Tech Stock Options

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To: Peter Smith who wrote (46670)	6/23/1998 9:34:00 PM
From: Tom Trader	of 58727

>>Tom, come out and play......<< Hi Peter--wish I could--but with the movers doing their thing, it has been impossible to follow the market or SI. Every time I relocate, I say that I will never do it again -- and then I do!! >>did your system take you out to "flat" yet or are you still on a buy signal? << System is still long -- and I am still long the futures at this point. My exit point to go flat would normally be at 1044 on the SPU--45 point gain. However, since I will lose access to my computer by tomorrow pm and this will hamper my ability to down-load data for signals, I will place orders tomorrow to go flat at 1044 or at the point when I would otherwise go short--whichever one gets hit first. If neither of these signals get hit then I will go flat, MOC. BTW, this is the approach that I will take with all other futures markets where I have positions at this time. Thereafter, when I am settled, I shall go long or short the various markets as and when the appropriate signals are generated. My regards Best wishes and good trading to everyone.

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