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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Kevin who wrote (29107)11/21/1997 12:38:00 PM
From: Nemer  Read Replies (1) | Respond to of 58727
 
Kev:

Now this new little pups indicating ultra short term is not the same as Red Dog.

I'm not gonna stake a whole lot of money on Red Dog and I'm just watching and hoping on the new one.
He is still holding on to 923 as support and I don't see it myself cause OEX is quivering around 922.4 and I think it's been penetrated for long enough to no longer be support, but the little pup ain't changed his mind yet......hope to heck he's learning and not p*sssing on my leg.....ggg

Regards-----Can't housebreak nuthin Nemer

edit----danged if the little pup isn't doing better than me...OEX has bounced off 922.4 and broke back over to 923.3 ...son of a gun....



To: Kevin who wrote (29107)11/21/1997 12:48:00 PM
From: Tom Trader  Read Replies (4) | Respond to of 58727
 
>>Hey, it's not my fault Amigo #3 went against Amigo #1 & #2!

Now if I had a big ego, I could object to being referred to as #3 -- in last place:)

Seriously though, I think that it would be interesting to see what would happen if one used my signals--which are not as short-term as yours and Nemer's -- to establish the trend and then if you or Nemer get a signal that is in the same direction as mine, we go aggressively long or short depending on what signals are triggered.

The last one worked out just great--all our signals kicked in within a few points of each other. We need to see if this continues to occur.

My sense is that if the market does not rally strongly today, we should get enough of a sell-off to enable me to bail early next week.

Today, on my system, if the SPX gets to about the 945 level, I suspect that the futures will trigger a sell signal--that is a long way off.