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Strategies & Market Trends : E-Mini Pit

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To: the-phoenix who wrote (5452)	8/19/2002 12:15:21 PM
From: Ramus	Read Replies (1) of 11288

Phoenix, I agree, looking at the indicators chart 5 min stochs were overbought from about 9:45 and CCI has been dropping since about 10:15 and I see what you mean about the tick, positive for the most part but decreasing all the while. I borrowed a page from Boots this morning and went long a little early at 933.5. I took a little chance on setting an Ed Downs stop (936 -2pts) and still wouldn't lose in the process. As I've said in the past, the hard part here will be watching points leave the table...big temptation to pull the trigger when it's over +10(like right now) but will try to be disciplined anyway and do the Downs. Walt

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