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To: Tom Trader who wrote (27081)	10/27/1997 2:10:00 PM
From: Carlyle	Respond to of 58727

TT, Nice to see some green$ Carlyle

To: Tom Trader who wrote (27081)	10/27/1997 2:30:00 PM
From: Kevin	Read Replies (2) \| Respond to of 58727

Nice trade Tom. Supp #3 is holding well for the SPX, and the futures rebounded above their supp #3 as well. They both broke supp #3 during differewnt time frames and never confirmed each other below that level, so I didn't enter a trade. If the SPZ breaks below 902 and the SPX break below 901, I'll enter puts again...even if the market will be halted shortly thereafter. Again, congrats on your trade! edit: both broke my levels. Bought OEX 850 puts couple minutes ago. I'll wait out this halt and see if I'm right that the market will drop further.

To: Tom Trader who wrote (27081)	10/27/1997 3:15:00 PM
From: david earl	Read Replies (2) \| Respond to of 58727

Tom, I have been a longtime lurker, actually from the days of Micheal.....Rich, so I do not question your system it has proven itself. Matter of fact I've been hoping you would over-celebrate (ie-get shit faced drunk) and put your system on the thread. But getting to my question-did the testing of your system show that to exit all contracts at the 40 pt level was more profitable than to scale out(I'm assuming you carry more than one contract). I'm sure you have already stated this but if you would is there one or two books that stand out as far as developing a 'base' for a trading system Thank you for your time and contributions to this forum