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Strategies & Market Trends : The Great B.K. Game -- Ignore unavailable to you. Want to Upgrade?


To: Death Sphincter who wrote (170)6/18/1998 2:01:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 1188
 
no

you have to have your 10 point move and then you book your point

(this makes it as simple as possible for Dale)

so I saw you close a short and go long at 1105 and so now to book a point SPX has to go to 1115

what you see some people doing is this

say I short at 1120
it goes to 1110
I say book my 1 point and I short at 1110 (that is really just a reshort)
the purpose of this is to book my point in case it bounces on me even though i want to stay short....

that is the move I call the "cheater move" ;-)