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


To: peter n matzke who wrote (32330)9/1/1999 4:12:00 PM
From: Lee Lichterman III  Read Replies (2) | Respond to of 44573
 
Anyone know what is going on? The dollar fell below 109 and the Bond fell in response so I ignored my buy signal and went short ( dumb). Now the market is rallying and I see no reason other than over sold and fund in-flows.

Any inputs as to a reason other than that or opinions as to how long this could last? I am feeling a bit of pain here on this trade. Not sure if I should lick my wounds and bail or hang tough and wait for the turn.

GZ - You still see weakness ahead or has this rally changed your mind?

TIA and good luck to all here. The last two days have been whipsaw city. Oh well, OJ should be happy. <g>

Good Luck,

Lee