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

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To: Patrick Slevin who wrote (1944)	8/17/1998 12:25:00 PM
From: SE	Read Replies (2) of 44573

In my mind yes, it is trailing. I actually just moved it to 1077 when the SPOO was at 1075, so it really isn't a four point loss any more... I decided that they could run this back to 1080 rather easily so I wanted a flat trade if they take it up and I can re-short it up there. If they don't, then I will stay with the trade and go back to a four point loss once it gets cooking. It shall be interesting. Would have been better off with the 1080 short, but the internet was just giving me fits. Won't have that problem per se when I use the phone to place orders...but I know what you are saying about the market movement today. EDIT....It appears I am flat once again. We shall see whether that move of mine was good instincts or a mistake.

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