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To: Tom Trader who wrote (41493)4/27/1998 12:44:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
Excellent trade. Will you put a sell stop below the 50 dma to try to catch that part of the swing or just stay flat and wait?

I have the 50 dma at about 1079. So our data is in sync.

The bond is now starting to threaten the low end of the range. 1083 could happen very quickly in this market, even from here at 1091.60

Hope you get taken out, as a sharp selloff would surely bounce quickly.



To: Tom Trader who wrote (41493)4/27/1998 1:16:00 PM
From: Electric  Read Replies (1) | Respond to of 58727
 
Tom,

Again, congrats on that 40 pointer...

Makes up for those 5 point losses in between quite nicely..

Way to go man!!!



To: Tom Trader who wrote (41493)4/27/1998 1:57:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 58727
 
Decided to cover half as it started to bounce at 1084. I think I'll put a stop somewhere around the mid 1087 level on the balance and trail it if it reverses negative.

I have to get to the bank and do other stuff anyway. Maybe I can get back for the last hour.

That's when the Basketball players always run the score up, anyway....the closing minutes.


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