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 (66)	12/11/1997 7:37:00 AM
From: VALUESPEC	of 350

Yes, I see the markets are down, but not as much as one might expect. This is a crazy market with a lot of retirement money going into it. I'm not sure if it is possible to break this bull market. Something would have to get people to cancel their payroll deductions going to the retirement accounts, I guess, before we can have a sustained drop. S&P is now down 9.9 pts to 960.60 I'm still short, but I'd like to be short more than one, but the UK is still too strong. That may indicate that buying will come into the US markets early on any dips. Humm, maybe I'll go long a little later . . . of course, I've got to get out of this trade first. I'll be disappointed if I don't get at least 960 for it, but to have any size winning trade would be nice. Bonds are up 7 pts again. Everyone is buying US bonds for safety. I'll be keeping an eye on that, too.

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