SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Peter Smith who wrote (46670)6/23/1998 9:34:00 PM
From: Tom Trader  Respond to of 58727
 
>>Tom, come out and play......<<

Hi Peter--wish I could--but with the movers doing their thing, it has been impossible to follow the market or SI. Every time I relocate, I say that I will never do it again -- and then I do!!

>>did your system take you out to "flat" yet or are you still on a buy signal? <<

System is still long -- and I am still long the futures at this point.

My exit point to go flat would normally be at 1044 on the SPU--45 point gain. However, since I will lose access to my computer by tomorrow pm and this will hamper my ability to down-load data for signals, I will place orders tomorrow to go flat at 1044 or at the point when I would otherwise go short--whichever one gets hit first. If neither of these signals get hit then I will go flat, MOC.

BTW, this is the approach that I will take with all other futures markets where I have positions at this time. Thereafter, when I am settled, I shall go long or short the various markets as and when the appropriate signals are generated.

My regards

Best wishes and good trading to everyone.



To: Peter Smith who wrote (46670)6/24/1998 4:50:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 58727
 
What a difference, 48 hours can make !!!

>> did your system take you out to "flat" yet or are you still on a buy signal?<<

Went flat at 1144 today, per the system, for a profit of 45 points. The system remains on a buy signal.

Could not have asked for a better way or better timing in terms of closing out the trade--just before I have to break from all futures trading. Am now flat all markets.

My last couple of hours with my computer before the packers take it away from me:(

Regards