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To: AllansAlias who wrote (16812)10/17/2001 11:48:17 AM
From: AllansAlias  Respond to of 209892
 
Booked short for a Bud. This is too jello-y for my liking. Price has to move in my direction decisively on these futures trades or I get suspicious. Sometimes I get out just before it waterfalls or bounces hard, but on average this rule has served me well.



To: AllansAlias who wrote (16812)10/17/2001 11:48:32 AM
From: martin001  Read Replies (1) | Respond to of 209892
 
Looking at a 10min NAZ chart for the last 4 days

I have an uptrend line from 10/12 lows of 1650
extending thru this morning low (with six touches in
between)

We are currently retesting that line right now.
I will be entering my 2nd short on a breakof that line
and a subsequent backtest.


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