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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Jerry Olson who wrote (16870)2/26/1999 4:23:00 PM
From: Patrick Slevin  Read Replies (2) of 44573
 
I'm getting there. My intuition is better than the hours I put in each day.

And it is chompin' at the bit. I may just be doing this for yucks not too far downstream.

I smell blood up, but I'm waiting for the entry. This sucker could drop a bunch but the upside after should be mean.

I remember October 1987, I postured Short for it based only on my buddy's Cycle stuff getting me there. It ran down like crazy but I was lucky I got out of it. It bounced so darn hard that if you blinked you were cooked for big bucks.

I want that Hard Buy, and I am going to be there. This Gene Inger fellow got blasted at the time, he gave up 40 in gains, at least. Gene is an excellent stock picker.

I am not playing it Short this week, although it's tempting for trades here and there. But my experience losing 60% of my gain on the Short Side because of a Booming rally and watching Inger get blasted as well has me convinced that the trade to be in will be the upside. It's just a question of where the entry is.

I think there is definitely a huge buy setting up soon and I wish to be there. Go ahead, Sell the sucker down that just makes the end result just that much better.

I really think the Buy of of the Year is a Lock and Load within days.

But then I'm just a poor immigrant Irish kid, what would I know.
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