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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (1014)2/6/2001 2:08:11 PM
From: forkit  Read Replies (1) of 12411
 
Chip:

I had an initial upside target of 1365, with the more important target of just over 1370--I had planned on selling additional contracts to get to my full unit size at 1371 with a stop at 1372.25. There is a load of confluence at the 1370 area.

And with earnings out tonight, the market feels ripe for running stops on the top side [earlier in the day] and now on the downside into the 2 pm cst or so.

Tim
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