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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (29107)	11/21/1997 12:48:00 PM
From: Tom Trader	Read Replies (4) of 58727

>>Hey, it's not my fault Amigo #3 went against Amigo #1 & #2! Now if I had a big ego, I could object to being referred to as #3 -- in last place:) Seriously though, I think that it would be interesting to see what would happen if one used my signals--which are not as short-term as yours and Nemer's -- to establish the trend and then if you or Nemer get a signal that is in the same direction as mine, we go aggressively long or short depending on what signals are triggered. The last one worked out just great--all our signals kicked in within a few points of each other. We need to see if this continues to occur. My sense is that if the market does not rally strongly today, we should get enough of a sell-off to enable me to bail early next week. Today, on my system, if the SPX gets to about the 945 level, I suspect that the futures will trigger a sell signal--that is a long way off.

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