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

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To: Jerry Olson who wrote (40635)	2/12/2000 11:55:00 AM
From: Tom Trader	Read Replies (2) of 44573

Looks like you are really enjoying your the fruits of your great trade, OJ And to think that I almost went long the spoos, when you bought those puts!!:) I think that we could have more downside here -- there is not the kind of bearishness on the threads that I saw when we were at these levels the last go around. Heck, even I am all set to buy the dip:) I blame Fred for this new mentality of mine -- just as I blame Pat for making me a day trader in the spoos!! Like I have said before, once my system goes flat, the move is within 1-2% of being over -- that would equate to somewhere between 1350 and 1380 on the spoo for a bottom to be made; makes sense since when I developed the system, I tested for the optimal point when it should go flat -- and that is the basis for going flat. If it exceeds that percentage by much, I'd wonder if what we are looking is something different than the usual ebb and flow of the markets. I wonder if the 1350 to 80 level on the spoos agrees with the piffing that you do. i could name 10 stocks to buy right here that i love OK, go ahead and give me 10 stocks and what you consider to be the entry points!

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