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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?


To: JDinBaltimore who wrote (5484)2/9/2000 11:56:00 AM
From: GROUND ZERO™  Respond to of 11513
 
My last signal was a buy as of last Thursday and I would probably have taken a long position at that time when it appeared that we were going to close above 1420 in the March... my stop would still be a close below 1420.... I would also be short the options, short the 1450 calls in this recent rally and make a few bucks during this pull back to test the 1428 level in the contract..... if we close below 1420, I'd still pocket the premiums on that short call... however, since I'm waiting to trade the Player's Club Speculative Futures fund, I'm not doing any trading... I'll make my money trading the fund.....

GZ