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

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To: Jerry Olson who wrote (28377)7/22/1999 9:59:00 AM
From: SE  Read Replies (1) of 44573
 
You would be correct, but it would not matter. If you are long at 16 and close it at 78, you lose 38 points. If you now go long at 78 and are lucky enough to close it at 1416 you gain 38 points and it is a wash. Except your broker is smiling......Just stick with your longs if you still believe long is the way to go.

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