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

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To: Arik T.G. who wrote (9246)12/2/1998 1:20:00 PM
From: Tom Trader  Read Replies (4) of 44573
 
Arik, Patrick, Brister, Chip, Scott -- one post to cover all issues since I don't know how long this will take to post -- or even if I'll be able to do so

Arik -- position trade is still short --the morning trade was a day trade. My stop to go long today is way way out.

Patrick--I closed out the day trade at 65 for a 4 point loss; I went long the gap mainly because the NDX and the NAZ had given buy signals yesterday after giving sell signals the day before. So I thought that I'd see some more strength in the spoo. Did not trade it again thereafter -- I think I was a bit thrown by how quickly it went against me otherwise I'd have shorted it after it started down from the 70 level.

Brister, I tried what you suggested and it did not help -- but thanks for the suggestion. Will respond to your pm later

Chip, your suggestion was on the lines of that of Brister -- thanks for the help. I guess the gods have decided that I need to give SI a break -- not sure what the problem is but I am not going to waste any more time trying to figure it out

Scott--since you keep count of GZ's a/d indicator, given where we are today how close are we to going negative on the cumulative a/d??
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