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

To: Nemer who wrote (2258)	8/21/1998 12:53:00 PM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

Nemer thanks for posting the need for caution Re my attempt to short this for a day trade--it is an attempt to scalp a few points. The short per the system is that--I don't second-guess it as you know. Re today's sell-off in relation to expiration--I guess anything is possible--but I think that this break has caused both technical and psychological damage. This may not close at the lows by any means but with the weekend coming up--I think that there will not be too many traders wanting to be long. But just in case I am wrong about all of this -- I'll have a stop to take me out of the day trade at any rate. Regards