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

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To: Tom Trader who wrote (5994)10/9/1998 9:57:00 AM
From: GROUND ZERO™   of 44573
 
Tom,

Yes, so far I'm pleased. I have no idea whether the top would blow off again and take me out or if this is a real top. I use a system I developed myself and is pretty reliable for calling market turns. Of course, it's not perfect, nothing is, but the losses are manageable and when the trade is a good one, the position may be intact for several months and ignores the day to day zig zags that happen along the way, like the long position I just reversed yesterday morning and which was first put on about six months ago.

I suspect that many bond holders will start selling their holdings and get back into the equities if the markets begin to ignite. So far, so good, I'm short bonds and long SP's. But, heck, the day is young.

Later...

GZ
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