S&P Index Futures (Daytrading SP) Message Board

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Strategies & Market Trends : S&P Index Futures (Daytrading SP)

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To: ratan lal who wrote (58)	12/10/1997 6:41:00 PM
From: VALUESPEC	Read Replies (1) of 350

Yea, I took a hit at the end, too. I actually changed my order and got short @ 967.50. I rode it up to 970.50 with the intention of changing to the night session so I could avoid the full margin requirment on one s&p. In the changeover to the night session, the market opened down to about 969. I decided not to chase it, though I may get on depending on how the foreign stocks do. I may stay up late tonight. I still had a nice day, however. I was looking for the market to fall more. There is just so much money chasing these stocks. One day the sky will fall but who knows when . . . I wish it had started when I had those 3 s&p's. Overall, I'd say I got out fine. This was an exhausting day. I worked hard for my money ! I'll leave a note in the morning if I do anything. I don't think tomorrow will be very good. I expect the foreign markets to be gittery, at least. I just found your post about going short 6 s&p's ! I hope they all didn't get executed ! There is a fine line between making money and not making money in trading. I'm sorry to see you got nipped today :o( Why doesn't the market just cooperate and go down like it should, when it should !

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