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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (8058)10/28/1997
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
Hi Joan, I did great today. I must congratulate you, you're handling this like a warrior with spear in hand. I know you lost some today, but you made great decisions and you'll make up for it long when we hit bottom. Maybe it was that our SPY shorts that brought it down :)



To: Joan Osland Graffius who wrote (8058)10/28/1997 5:19:00 AM
From: bob wallace  Respond to of 94695
 
Joan

I noticed that you intend to short some more SPY this AM, as I do.
However I have never been too successful trying to get a decent entry near the open, and I was wondering if you would share your entry strategy.

In general I try to avoid the first 20 minutes, and then use a limit order to get a decent price, but I noticed yesterday that there are apparently so many mraket sell orders that you seem to have to be pretty careful with the limit you specify.

any thoughts
Bob