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To: Tom Trader who wrote (31353)	12/16/1997 3:34:00 PM
From: Clay M	Respond to of 58727

Thanks for your reply. I now only trade the S&P's and stocks, although in the past I think at one time or other I've traded about every commodity around. I've always preferred to be an S&P position trader but with the many opening gaps we've had this year, I've leaned towards MOC. I've tried many S&P mechanical systems(some of my design and others I bought) but haven't found any that are better than what I'm doing now. I try to keep things as simple as I can, watching several S&P time frames(3 to 60 min) but mostly trading off a 10 or 15 min chart. I put six moving averages on each chart to show the trend and 4 indicators to show direction changes and divergences. But, I think the 2 things I concentrate on most are Trend and stop placement. I can see the trend but the stops are tricky. Sometimes, its almost like the floor has a laser gun to shoot your stops. Regards, Clay.