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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (2601)7/17/1997 10:11:00 AM
From: Tom Trader   of 94695
 
Good morning Bill,

>>You too are using postings to this thread as an indicator

Not really, Bill -- though I do keep an eye on it.

>>Good luck on the bull side

Not sure that I am on the bull side, Bill--but I do trade with the trend. I am, for the most part, selling into strength and have been doing so for the past 5 weeks or so. Am taking selective long positions at the same time--but these are limited risk, short term positions. Am long the S&P futures as of two days ago -- after being short for a bit. I'd reverse to the short side again, in a heart-beat, if I got a signal to do so. But the futures are a different animal -- and the system that I use is short-term.

So what does that make me? A bull, a bear -- or just schizophrenic?? Actually Bill, I trade with the trend -- have been doing so for years -- and trust me, it really does work. When one gets uncomfortable--as I am right now--just liquidate till one gets to ones comfort level. But you've heard all of this from me before.

Take care
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