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Strategies & Market Trends : The Player's Club
SPY 684.39+0.1%Dec 4 4:00 PM EST

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To: Compadre who wrote (5319)2/5/2000 10:21:00 AM
From: Gersh Avery  Read Replies (2) of 11513
 
probably .. (I hope that GZ is a good bear trader also<g>.)

that and the challenge that LG unintentionally laid out ..

Actually I've been catching the end of day much better than I have been.

Used to be that I would have gained two or 3 hundred points by 1PM and lose it all in the end of day action after the bond close.

In addition, I'm playing this as if we are in a bear market. Almost all of my points are now being made short. Sell .. cover .. sell .. cover.

The bear play is getting easier and easier. That being the case, I am always keeping a net core of short and tending it .. protecting it .. any move that I make is only intended to adjust the entry point higher and higher.

I now have a net short of 30 with (I estimate) an entry of ~1436 with a limit buy on them at 1405. And Don Sew has a class 1 sell on the SPX right now.

I think I'll move the limit lower .. say 1365. net single 2130 point move!!
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