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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Patrick Slevin who wrote (2300)8/24/1998 10:22:00 AM
From: Tom Trader  Read Replies (2) of 44573
 
>>I sort of don't like the short side (near-term) for a day trade.

Well, I started the day thinking that the way to play this was to short the move up in the futures--did not do it because I wanted to see how much upside there was before trying it--and it seemed pretty strong.

Now I have to agree with you that the way to day trade this is on the long side at this point. Would you consider the filling of the gap this am to be a negative from a stand point of day-trading this on the long side??
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