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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (27979)	7/19/1999 12:02:00 PM
From: Nemer	Read Replies (2) \| Respond to of 44573

I think the exit is good strategy ..... for a scalper it is an EXCELLENT move .... I was on the phone and ready to go long when spoo was falling from 18 to 17 .. but the TRIN had headed up and that tells me that my sorely needed 2 to 3 point forecasted move removed itself from 75% accuracy catagory and I passed the trade and didn't buy .. we'll see shortly if it cost me money, but I know there'll be another train coming along for me to catch in a little while so I'll remain a watchbird and not a scavengerbird ....... for now EDIT I'm wanting to go long so bad, I can taste it. 1417 to 1418 appears to be an excellent place from which the spoo can make a 6 to a 10 point run .. but the TRIN has to get below 1 for me to even consider a semipositional move like that .... and something tells me I better stick to scalping .... heck, I just might go short for a quickie ..... hehehehehe edit short 2 at 21