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

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To: ratan lal who wrote (88)12/12/1997 1:35:00 PM
From: VALUESPEC  Read Replies (1) of 350
 
Ratan, you were thinking exactly like me. I shorted the s&p @ 962.60. This is great. The market still looks sick. I wouldn't be surprised if the Dow ends up down 200 pt + on the day, but with this market who knows. That's why I've been so cautious (which is working).

I also bought an oil service stock a short time about (when I went short) @ $ 20.50 (MDCO). This should go back to $ 23 + on the first decent day (will we have).

I may get out of my DELL long at anytime, but DELL is holding up better than most techs. The funds must still buy something. DELL will be one of the few decent tech stock options besides MSFT which is in a little controversy right now.

VS
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