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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (1885)8/4/1998 1:31:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Well fancy that. I just got a buy signal at 1098. Entry would be on a pull-back below the 5 ma one minute bars. I am not going to trade it however. The long side makes me a bit squeamish (sp) today.

Looks like a buy out of limit down would have worked nicely again....

EDIT...let's follow this buy for grins and giggles....

Buy at ... never mind.....TICK is still dropping, it would be an aborted buy anyway......even if my feelings of going long today did not keep me out of it.



To: Patrick Slevin who wrote (1885)8/4/1998 1:36:00 PM
From: Nemer  Read Replies (2) | Respond to of 44573
 
------>We are approaching a typically bullish time frame.

LOL

I decided the same thing myself at appx the same time you did ...
drove to the broker office ..... walked in amid the phone ringing and the handholding going on

went over to the computer and pulled up the buy screen and bought some OEX calls ....... I think they were 560, but I'm not sure cause I just found some that were down about 50% for the day and under 2 bucks ......
had the girl buy me ten contracts and said I'll call in a stop but to punch me out in 30 minutes if I'd not called in .....
made a tad bit and I'm happy ......

I still like monitoring the market but one has to make lemons when one has lemonade and not bitch .......
she did tell me I wasn't the only call buyer in the past half hour....fwiw

Just called the broker on the phone and closed out .... when he asked what I had, I said, heck , I don't know ----- sell what I just bought ...... and he and I had a good laugh.....

Regards ----- Nemer