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

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To: SE who wrote (2405)8/25/1998 1:23:00 PM
From: Tom Trader  Read Replies (2) of 44573
 
>>What does your system have to say?

System is still on a sell signal--though as you know I exited yesterday -- money management decision--so I am flat at this point.

The sell signal was obviously not correct--for whatever reason.

It could conceivably go long today--I am hoping that it does not because I am not sure there is much upside left to this rally and if it does give a buy signal--I will take it but with a lot of apprehension. On the other hand some of the best signals have been when I felt that it was not going to work out.

My apprehension is in part because Don Sew is advising buying puts today--and he has been very good calling the tops and bottoms especially recently
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