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

To: Tom Trader who wrote (1988)	8/18/1998 11:16:00 AM
From: Patrick Slevin	Read Replies (2) \| Respond to of 44573

90 is the level I had in mind, perhaps 92. I'm still long from 82, to tell the truth. I cannot remember holding a position this long. I remember, October during the mini-collapse. Anyway, I think it has a bit more upside.....I think 1104, 1104.3 maybe. But if that 92 level gets hit after lunch I would be wary about day-trading the long side.....it would have to hit in the next hour or so to make me comfortable with it. I don't like weakness in the afternoons. Judging by yesterday, I think we could have a strong hour between 1 and 2 ET but the last hour really depends on the follow-up action after 2 and going into the bond close. I saw a strategy on trading the spoo based on bond action on the Mid-Am after the normal close but I have to look it up. I don't get Mid-Am quotes anyway.