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

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To: Jerry Olson who wrote (24089)	5/24/1999 12:06:00 PM
From: SE	Read Replies (1) of 44573

OJ, We are going to close out our short here for the dead cat bounce that should be forthcoming. Long two at 1316 and order to get long another two at 1310. This is a quickie trade and I look to re-short in the low to mid 20's. -scott THE Numbers: We had 280 points. We were short two at 39 and two at 45. Closed at 16 gives us 104 points. Call it 9 points commission and vig (yeah, it is high, but what the heck....flip 'em a few chips for dealing so well) and we are now at 375 positive. Long for a quick scalp as noted at 16, two contracts only...with an open order for another 2 long at 1310.

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