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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 (3097)	9/2/1998 4:19:00 PM
From: Tom Trader	Read Replies (3) \| Respond to of 44573

Looks like you took it easy today I was very tempted to short it when it got to the 1012 level the second go around with a stop at about 1020. But I did not do it. But I am well positioned now with OEX calls that I sold short when the market rallied. Hope that you had a good day I am done for today

To: Patrick Slevin who wrote (3097)	9/2/1998 4:26:00 PM
From: coug	Respond to of 44573

I was only looking to go long on my main indicator.. EXPECTING it to turn up about the time the spoo corrected back to 07, the spoo turned up, ran to 12-13 or so.. but my indicator DIDN'T TURN to give me the buy signal but kept heading south where now at close, very close to sell territory.. so no harm, no foul, no money, no losses. etc. So discipline paid off by not anticipating.. While all this was going on, I put the same stuff on 1' bars and it gave me a nice buy point yesterday at 986 and a sell at 1005 today.. Am going to back test more this afternoon.. Not been the best two weeks for me.. not lost much..but the volatility makes me tighten everything up.. I have low thresh hold of pain.. good luck..