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

To: donald sew who wrote (6623)	10/16/1998 2:09:00 PM
From: Stoctrash	Read Replies (1) \| Respond to of 44573

Yeah I agree Don, the rate thing should keep the "clueless" buyers flowing in for a few days. On the other hand we are extended and the way the markets have been lately is that if you do a "favors" and wait for that last rally to short....the next day the market gaps lower and you miss it,,,never getting any fruit off the tree. This is why I banged it yesterday with the funds(Rydex) though keeping some powder dry so I can bang again wether I'm wrong or right about this level being the high. One funny thing here too with RYURX, the market could actually close here and I make money on the short side since the futures close with such a large prem yesterday. So we could have the SPX up...but the futures down on the day like it is now. Don, I'm gunna give you my SRV formula to track. Check your mail later. Lisa should kick my @ss for not watching it more closely on both sides. As of yesterdays close it was in the sell window and I find it a damn good thing for a 2-4 day move.