SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: robin 187 who wrote (5525)10/6/1998 2:03:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
robin,

When I say I just got a sell signal, it doesn't necessarily mean it is going down, but that my indicators have indicated that it is more likely than not that it is going down. How far, how fast...I have no idea. My method is strictly very short term and it could be just a couple of SPOO points and then reverse. Sometimes it is more, sometimes a lot more, but it is mainly a very short term methodology.

So when I say it, that is what I mean. If everything lines up I might take a trade, but not always as it is possible for my method to reverse very quickly as well, so I like to see further confirmation beyond the initial signal.

-Scott

-Scott



To: robin 187 who wrote (5525)10/6/1998 2:12:00 PM
From: Jerry Olson  Respond to of 44573
 
Robin

good for you...this is a long drawn out learning process for us all...

so you're not alone...

as for buy/sells they're talking about the SPOOS the S&P 500 Futures contract..it rocks & rolls up and down all day long..they're day trading it.....