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

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To: Jerry Olson who wrote (19053)	3/23/1999 11:17:00 AM
From: SE	Read Replies (1) of 44573

Well, that is kinda what I am currently thinking. Perhaps a bit more down and then a bounce. However, the bounce could come at anytime. If it starts before hitting 1260, it indicates the bounce could be stronger than if we hit 1260. On the other than, if we bounce without hitting 1260, it also could be a false move and just a dead cat on the way to 1260. Kinda tough to play at this point...so far into the move. We still need 1263 basis SPM to get our money back. That is quite a ways from here. As soon as it appears we have bottomed, we are going to SAR anyway....even if we lose money on the short! Sound good?

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