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

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To: Patrick Slevin who wrote (11843)1/5/1999 8:21:00 PM
From: F Robert Simms  Read Replies (1) of 44573
 
My neural nets are still long after tomorrow's close. I think we have at least a couple of more days of up. I plan to close my long on XLP and buy XLK if it corrects or XLB if it doesn't. Still have my calls:) I knew that XLP would go up today, but I thought that I could sell XLP at peak an buy XLK when it dipped. It didn't work. In retrospect I should have just taken my loss on XLK and moved it into XLK first thing in the morning. I will learn refinements of my system as I go along. I hope. lol

Best Wishes,

Bob

P.S. Thanks for telling me about the cases where the market kept on grinding up all day long. I was looking to see if it did that and I think that made me money:)
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