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To: donald sew who wrote (41626)4/28/1998 8:29:00 AM
From: jjs_ynot  Read Replies (1) | Respond to of 58727
 
Where does MSH fall in all of this?



To: donald sew who wrote (41626)4/28/1998 9:15:00 AM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
Hi Don--I have placed an order to short the June S&P futures at a limit of 1102 or higher.

This is not a signal based on the system that I use -- which remains flat at this point.

The gap open to the upside should not hold and will be sold -- at least that is the basis for my trade. I will place an initial stop after the open depending on where I get filled. This is a short term trade -- probably a day trade.

If the futures do not sell-off within the first 30 minutes (in relation to where it opens) after the open, I will seriously look at closing the position and taking a loss on the trade.