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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 (5448)10/6/1998 10:54:00 AM
From: SE  Read Replies (3) | Respond to of 44573
 
Well, my strategy as laid out worked rather well. I covered at 1015 and am short one now on the downside. I covered and had to walk away for a client meeting I forgot about, so it was not really a true to life situation, but whatever. It worked.

Now where do we go from here.....

-scott



To: Tom Trader who wrote (5448)10/6/1998 10:57:00 AM
From: TradeOfTheDay  Respond to of 44573
 
well Tom - today I AM twiddling my thumbs. Had picked up a couple of shorts at the close yesterday ... and then put in LO to cover them at the open ... got my price... but now I'm just kind of stuck in limbo.
This -in-between-stuff is not good for either my puts OR calls. Oh well... here we go again - UP - hope springs eternal.

I guess I need to sit out a day - until we are either really up - or really down



To: Tom Trader who wrote (5448)10/6/1998 11:05:00 AM
From: TradeOfTheDay  Respond to of 44573
 
"what does your astroguy say"

Jim Prokop is forecasting 2 down days after Monday ( which was supposed to be up) . I suppose if you look at the intraday swing, one could consider that Mon closed up. I see that the DOW is up again - but every stock I am looking at is trying to go to ground....so other than the S&P being pumped for Clinton's speech , I do believe we're going down.

Shouldn't have covered my shorts..... which of course have continued to drop right after their initial bounce. Rats!