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Strategies & Market Trends : Befriend the Trend Trading
SPY 685.66+0.2%4:00 PM EST

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To: utilityman2 who wrote (38159)10/11/2005 3:33:43 PM
From: Ken Adams   of 39683
 
I seriously doubt the good doctor would approve of what I was doing today. Basically, all I've done is short the rallies and scalped a few dimes each time. I used 5 contracts on each of these. The longest trade was 14 minutes, shortest was 5 mins.

The system might have to be called "Squint and Shoot" and it would be strictly for gunslingers only. No stops and no targets, just take what it will give you. This is gambling at its finest! And, because I recognize it for what it is, I missed a whale of a trade just a few minutes ago by taking my eyes off the monitor.
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