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

To: Jerry Olson who wrote (5709)	10/7/1998 2:46:00 PM
From: robin 187	Read Replies (1) \| Respond to of 44573

Jerry, I'm still holding my YHOO calls... I've been in a losing position since yesterday. Do I sell at this point or just wait it out? It's looking ugly I agree but just when I sell, this thing might turn. Opinions?? Robin

To: Jerry Olson who wrote (5709)	10/7/1998 2:46:00 PM
From: SE	Respond to of 44573

Futures stop trading for 10 minutes. By stop trading, I mean they don't trade any lower, since we are limit down, but they can trade higher. Kind of a breather in the pits. SOmetimes they re-open higher...sometimes lower. Hard to say what will happen, but just wanted to be sure you knew.... Many of the short term traders avoid the period just before and after a limit move as the action cannot be predicted very well.