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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Stoctrash who wrote (1815)7/30/1998 6:55:00 PM
From: Patrick Slevin  Read Replies (1) of 44573
 
<FAIR VALUE FOR THE S & P 500 IS LOCATED AT 6.60 OVER
THE CASH.
BUY PROGRAMS WILL KICK IN AT 7.60 WHILE SELL
PROGRAMS SHOULD BE
TRIGGERED AT 5.90. >

What the heck is that, anyway. Where did you get that? Looks like a Camp reco from weeks ago.

The P-Stop has an inherent problem anyway. The Stop is intended for exits, not entires. Sometimes I get in when the stop is the other way. The use of the stop as an entry as well as exit device seems to take most of the meat off the trade, so to speak.

Anyway, if you are using the above parameters for the Fair Value you have old data.
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