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To: Bull RidaH who wrote (38097)10/21/1999 3:13:00 PM
From: F Robert Simms  Respond to of 44573
 
Yes I hope for a rally. If it went much more down then I would expect it not to be a point 4 of an expanding wave. Sometimes swing fairly wide like this one did(I hope;-)

The target would be just above point 3 at 1286.

Best Wishes,

Bob



To: Bull RidaH who wrote (38097)10/21/1999 3:42:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Contest Summary:

Sell two at 1274.50.

Net Position: Short two.

-Scott



To: Bull RidaH who wrote (38097)10/21/1999 4:18:00 PM
From: F Robert Simms  Respond to of 44573
 
This is what is too extended. lol. I should have covered earlier.

Best Wishes,

Bob



To: Bull RidaH who wrote (38097)10/21/1999 4:49:00 PM
From: F Robert Simms  Respond to of 44573
 
10/21/99

short 60 @ 1283.2

long 45 @ 1284.556

still short 8

P.S. In my trade:

Message 11664737

where I bought 20 at 1281, I was already long 7 so I could have only bought 13. I changed it in the above calculation



To: Bull RidaH who wrote (38097)10/21/1999 8:31:00 PM
From: Chip McVickar  Respond to of 44573
 
Contest Summary 10/21

b38 @ 1278.32
s33 @ 1278.57
carry
b5 @ 1275.25

Open
b3 @ 1247.25
b2 @ 1244.25

Out of 38 buys only 12 made +points
The rest lost....gotta be a better way to play these kind of days?