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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (18820)5/20/1998 3:28:00 PM
From: Follies  Read Replies (1) | Respond to of 94695
 
Im not sure I want to keep track of doubling positions. If you decide to re initiate your position, you could get a new target but since the market has gone against your original position it would cost you 1 pt. I'm still thinking about this. I'll let you know at market close.




To: James F. Hopkins who wrote (18820)5/20/1998 3:32:00 PM
From: ratan lal  Read Replies (1) | Respond to of 94695
 
market still looks strong right now. do you expect it to weaken before close or tomorrow?

I have placed an order to sell SP8M at 1123.00 (next resistence) if it should go that high.

SP8M at 1119.80 now



To: James F. Hopkins who wrote (18820)5/20/1998 4:07:00 PM
From: Follies  Read Replies (2) | Respond to of 94695
 
Okay, everyone is allowed 2 positions, but that is it, at that point you must closeout in order to enter a new position, I shorted more at the close.

bobby UP 1131.71 (needs 1120.61 to get 1 pt if he closes the position)
SPX 1119.05
Dale DN 1096.68
Jim DN 1091.77
Gersh DN 1087.63
Dale DN 1087.33
William DN 1087.33
Jim DN 1087.33



To: James F. Hopkins who wrote (18820)5/20/1998 4:50:00 PM
From: P.Prazeres  Read Replies (1) | Respond to of 94695
 
James,

We are going into a holiday weekend. Some will not be in tomorrow and many others won't be around Friday...whatever the case, since the short position was so big, those who are short don't want to hold positions over a 4 or 5 day weekend and thus the rally in the large caps (DOW)....which was another reason why last night I said probably 9200 and even 9300 by Friday...we'll see.

Paulo