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Strategies & Market Trends : S&P Index Futures (Daytrading SP) -- Ignore unavailable to you. Want to Upgrade?

To: VALUESPEC who wrote (142)	12/23/1997 9:23:00 AM
From: ratan lal	Respond to of 350

VS Thanks for the article on Korea. You are right about shorting in any rallies for a few points. And again you are right about shortin at the open. ALl my indicators 1-tick, 1-min, 2-M, 5-M and 30 M are bearish. But I will wait for about 1/2 hour after the open for a trend to establish (and hopefully a rally) before I act. ratan

To: VALUESPEC who wrote (142)	12/23/1997 10:22:00 AM
From: ratan lal	Respond to of 350

VS Thank you for your post. I got the confidence to short 5 contracts 2 minutes into the open at 962.60 and covered at 958. I will probably go short again at around 960 or better based on my signals. Keep posting. It definitely helps me in making my decisions. ratan

To: VALUESPEC who wrote (142)	12/23/1997 3:53:00 PM
From: ratan lal	Read Replies (2) \| Respond to of 350

VS another good day. Traded selling short from 963 to 959 and covering within a couple of points. Of course I could have just sold short and waited till the end of the day and made a killing. But one gets nervous during the day and does not have any conifdence in the direction of the market. Keep posting and one day I will probably have the confidence to stay in a position till the end of the day for max profit. Happy Holidays to you and all on this thread. Short trading day tomorrow. ratan