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

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To: Jerry Olson who wrote (12090)	1/9/1999 10:26:00 AM
From: Tom Trader	Read Replies (1) of 44573

OJ--thanks, it was a tough period but it worked out fine In fact, as of last night's close, I am now well ahead of where I was before that day's fiasco. I made it almost all on the bonds where I was aggressively short after a continuation sell signal and then I day traded the heck out it -- with great success. I closed out all of the bond short positions yesterday at the close, with the exception of that which I was short based on the original signal. On the spoo, I did short the futures yesterday just after the open and picked up over 12 points when it filled the gap--I had posted to Patrick that I was looking to short the gap. Am still flat as far as the position trade on the spoo is concerned. If I had not been stopped out that day, I'd have been ahead about 35 points as of now. Anyway, I am glad to be where I am at this point. CMGI --- I closed out my position with a great profit but nowhere near what I'd have made if I'd held. Now give me another one!! Have a good weekend

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