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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 (1989)	8/18/1998 11:23:00 AM
From: SE	Read Replies (1) \| Respond to of 44573

Missed a buy earlier at 94.25. Hate sitting on the sidelines watching it continue to ramp up. Anywhere would have been a good buy, it seems now. We are not too far from my possibly getting another signal one way or the other, so I wait. I like the idea of being short from up here as I don't see this thing adding another 10 points to the up-side the rest of the day, however, anything is possible....as has been proven many a time. Seems to me after the run of the last day and half or so we are going to start meeting some up-side resistances across the boards.....

To: Patrick Slevin who wrote (1989)	8/18/1998 11:27:00 AM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

>>90 is the level I had in mind, perhaps 92 We are not too far off, in terms of an entry point for a day trade >>I'm still long from 82, to tell the truth. I cannot remember holding a position this long.<< Sheesh--you've become a position trader!!! Next, we'll have OJ becoming a systems trader!! In a way I am not too surprised with today's rally--yesterday's EPC ratio was indicative of extreme bearishness--as was that for Friday. Combine that with anticipation re Clinton's testimony and the stage was set. On the other hand I was more than a little nervous when I got the report back yesterday, that my buy stop had been triggered on my system signal. Anyway, let's see how it plays out.