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

To: Jerry Olson who wrote (34630)2/3/1998 4:04:00 PM
From: Judy  Respond to of 58727
 
Status of TT's S&P futures trade today

"Went flat my long position in the March S&P futures at 1011+for a gain of 40 points; the position was entered at 971+. The decision to go flat is based on the system but does not mean that a reversal of trend is imminent. However, past experience has shown that after a gain of 40 points the potential for substantial additional gains, on the current signal, is limited.

Also, in future, any positions INITIATED while the futures are at over 1000 will be held for a gain of 45 points -- not 40 --before I go flat."



To: Jerry Olson who wrote (34630)2/4/1998 2:38:00 PM
From: broken_cookie  Respond to of 58727
 
Hi OJ,

Thanks for clearing that up. I sold KLIC yesterday at 24ish. Got over 6 points for the trade. I don't think asia has showed up at all yet and it's already being dismissed.

Take care.


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