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

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To: Tom Trader who wrote (3294)	9/4/1998 1:50:00 PM
From: The Jedi	Read Replies (2) of 44573

I agree with you. Frankly for any sustained move up we should have to test the 940 or the low of Sep 1 area. By the charts we should have been there today, but we got artificially arrested yesterday. Look at the 30 min SPX, just going sideways. I think they are trying to slow the momentum down so that the fall may not be as hard. Well I think I will move to Oct or Dec puts starting Wed. Will wait for them to strip the premiums again on Tue. Any rally from here is to be shorted or long puts. Kiri EDIT - I was going to ask did you move up your stops to try to lock in at least some profit

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