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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Patrick Slevin who wrote (36401)10/13/1999 11:05:00 AM
From: Tom Trader  Read Replies (3) of 44573
 
>>Seriously? What are you doing, leaving for another vacation?<<

You are one funny guy -- you actually had me sitting here laughing!!

Scott's becoming a disciplined trader. Talking of Scott, he made a projection on the bonds that we would see 111 based on some forks that he was looking at -- at the time it seemed outlandish since the bonds were trading at 118 or so at the time and someone even said that if that were to happen the Dow would be down 4000 points -- well, it has happened and the Dow is probably higher than where it was then! But that was a great call on the bonds -- I heard someone else say that as of now the bonds are probably the kind of steal that stocks were in Oct 98!!

Do you or anyone else -- may be Coug?? -- know what has tended to happen when one has two successive large gaps down which have not been filled during the day. I am thinking of what the spoo did today and yesterday.

Yesterday, when I got a sell signal on the spoo and the DOT, I exited some internet stocks that I had bought a few days earlier for a short-term trade when the buy signal was triggered. One of them is up 10% today -- so much for my attempt to be disciplined.
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