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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 (1981)8/18/1998 8:55:00 AM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
>>The overnight action has me wondering whether or not I am correct to sell into this<<

Here is how I'd look at playing this--assuming that I am going to be around for long enough to do a day trade. Not yet sure of my schedule for today and how long I'll be around.

I'd look to go long the futures on a pull-back between 84 and 86 --- depending on how the market is acting. I think that it would be a safe bet to be able to make a good 4-5 points on the trade.