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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Darren who wrote (1002)4/28/1998 7:50:00 AM
From: steve goldman  Read Replies (1) of 2120
 
I watch SPFutures, but i left those out because they are not "affordably" available to many internet traders. I think its a couple hundred bucks for CBOT entitlements from most.
But yes, futures would rank #1 with trin, then slightly down from that tick, and then from that bonds/yields, etc.

As a trader, down 220, my feeling was that down 220 is pretty grim and that I would take a shot then. If the market faded, i'd take my losses of 1/4, 3/8 like any other day, even the up 100 days, yet if it rallied, you makemoney. Key would be keeping losses tight and taking small profits.

Regards,
Steve@yamner.com
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