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

To: Patrick Slevin who wrote (41496)	4/27/1998 12:49:00 PM
From: Tom Trader	Respond to of 58727

>>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'll just go flat the futures--based on the system-- if my limit order is filled. My sense is that a decisive break below the 1079 level will create some acceleration in the sell-off and if that happens, I'll have missed out on the additional downside. If the bonds break-down further as they seem to be wanting to do, it will almost assure the continued sell-off.