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

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To: Tom Trader who wrote (3906)9/11/1998 7:56:00 AM
From: MonsieurGonzo  Read Replies (1) of 44573
 
TT; RE:" short hedge "

...actually it's called, "shorting against the box". I think Judy may know all about this Tom.

right - we're at the bottom of the second wave here; the third test of perceived supports for this trading level - we either bounce or plunge to a new level. The last "level' we were at had four waves, and we plunged on the fifth test of 1060.

seems perfect for a Long Straddle to me, BWDIK - I'm just a rookie :-)

have fun today -Steve
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