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

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To: Chip McVickar who wrote (11839)	2/6/2008 11:52:49 AM
From: Patrick Slevin	Read Replies (3) of 12410

It's a pivotal point in the chart, I tend to think it could go either way. Near term, I'm looking for it to attempt to run back to the 1370ish area on March. If it can do that, I'll have added contracts & tighten up to about breakeven. Then if it does break I'll position Short around 1325 or so. Right now I'll be Flat, I guess, around 1320. It would risk about 20 points, as I took the positional Long last night at 1339. ------------- What are you in besides ES? I've been Long Sugar, Gold & Silver. Was interested in Platinum at the 1400ish level but the swings were scary. That was 400 points ago, $20,000 a contract. Could have bought three or four Super Bowl tickets with that kind of money.

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