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

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To: GROUND ZERO™ who wrote (7577)10/30/1998 2:30:00 PM
From: Tom Trader  Read Replies (1) of 44573
 
>>I just went short the bonds at 129-02 just moments ago. I suspect
we should now break those lows.<<

I am less confident of how low we will go -- why do you think that we are likely to break the lows. I'd like to see it close at the lows and hopefully break the intra-day lows for today.

>>The NYSE internals look very impressive today, I'll stay long into next week on my SP's.<<

Don't you stay long until your system tells you to get out?

What are the exit rules for your trades -- I assume that one of them is when the system reverses -- and you indicated that you don't use stops -- so is there a profit target also?
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