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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (308)	4/9/2003 11:48:47 AM
From: Londo	Read Replies (2) \| Respond to of 666

I managed to grab a TBond long at 111 21/32. Too bad, considering that my original order was at 17/32, I could have saved a hundred bucks. Stops at 5/32. Read the E-Mini thread to see how I screwed up my entry/stop on the ES, but I'm short there at 883 again.. I'm also long Euro, and short Hang Seng (over the past two days, the index has dropped 400 points!), but the odd thing is that since I feel quite frightned to hold my positions (which are very bearish), it probably means the positions are working. I've got stops set anyway to ensure against a disaster, but it's difficult to find out what news catalysts exist out there that would result in the futures going up again.. (Saddam dead AGAIN?).. that'll lose credibility in a rush. Also, I think oil at 28 bucks is under-priced.. going into the OPEC meeting at April 21/24th (forgot the exact date, but it's a couple weeks), oil has room to make it up to 30 bucks. But I'd sell before the meeting.