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


To: Arik T.G. who wrote (3276)9/4/1998 12:37:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Well, last try for me. SHort 74.50. It is within what I think will happen and also within the pararmeters of my method...although today that has not worked real well due to the range bound market and no solid direction.

See the damn thing is against me already. Good thing I only did one.

Will give it a little room.....



To: Arik T.G. who wrote (3276)9/4/1998 2:28:00 PM
From: Tom Trader  Read Replies (4) | Respond to of 44573
 
>>Having you on the superbearish side sure turns the tables

Not sure that I am super-bearish -- that suggests that one has to belong to the Kahuna faith:)

I became wary of the market about a year ago and liquidated into strength--except for core positions. My reason was that the market was over-valued. Never went short, other than futures trades, until the market violated its 200dma-- that confirmed the long term down-trend for me. I am in cash and T-Bills, for the most part -- and looking to re-enter when things stabilize and the down-trend comes to an end. Not sure when that will occur.

BTW, Arch Crawford is on CNBC saying that we are in a crash phase based on planetary alignment -- and that we should begin the decline right about NOW.