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

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To: SE who wrote (3752)9/10/1998 10:47:00 AM
From: Tom Trader  Read Replies (1) of 44573
 
Scott--I suspect that a short at any reasonable level will work

The real question is how much pain one is willing to take while the market does its see-saw routine. I hardly think that this is just ging to turn right round and go up 20 points -- but on the other hand who knows.

My sense is that at some point it will go up enough to scare a few of the shorts and take them out. I am looking to short as it rallies -- 85-90 on the Sep is still quite viable, IMO.
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