SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (36401)10/13/1999 11:01:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
That is my protective buy stop in case of a major catastrophe (sp). I don't expect it to be hit...but one never knows....no need to sit here short six without protection.

Another vacation? Shit...I wish. I feel like I need one already. Any recommends? How 'bout Myrtle Beach....:)



To: Patrick Slevin who wrote (36401)10/13/1999 11:05:00 AM
From: Tom Trader  Read Replies (3) | Respond to of 44573
 
>>Seriously? What are you doing, leaving for another vacation?<<

You are one funny guy -- you actually had me sitting here laughing!!

Scott's becoming a disciplined trader. Talking of Scott, he made a projection on the bonds that we would see 111 based on some forks that he was looking at -- at the time it seemed outlandish since the bonds were trading at 118 or so at the time and someone even said that if that were to happen the Dow would be down 4000 points -- well, it has happened and the Dow is probably higher than where it was then! But that was a great call on the bonds -- I heard someone else say that as of now the bonds are probably the kind of steal that stocks were in Oct 98!!

Do you or anyone else -- may be Coug?? -- know what has tended to happen when one has two successive large gaps down which have not been filled during the day. I am thinking of what the spoo did today and yesterday.

Yesterday, when I got a sell signal on the spoo and the DOT, I exited some internet stocks that I had bought a few days earlier for a short-term trade when the buy signal was triggered. One of them is up 10% today -- so much for my attempt to be disciplined.