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

To: coug who wrote (6870)	10/20/1998 5:16:00 PM
From: Patrick Slevin	Respond to of 44573

Yes, I went into today pumped for a gap down to buy then the gap up suggested to me there was a selling op in there. Could not get the handle just right. Worked out okay, as I came home to find GTC sells kicked in (on some stocks) so my day was not a waste anyway. I guess sometimes the best trades are the Brain-Dead ones.....as I walked out thinking I was a loser and my answering machine indicates "not so". Sometimes it's better to be lucky than good.

To: coug who wrote (6870)	10/21/1998 10:14:00 AM
From: SE	Read Replies (1) \| Respond to of 44573

Hey coug and all, I am on a short signal right now. Looks pretty good. Usually when it runs this far without the first bounce already occuring, the trend is a longer period downtrend...(meaning more like a couple hours, than a few minutes! :) ). Still want to see a bounce before entry. For now, stacks up like this for me. TICK stays below 0. SPOO bounces to low 70's (71, maybe 72) however I would not be surprise if it only gets to 70 even. PREM in the 8+ range for entry. That is my read for this moment. Looks like the Beta still isn't quite with us however.... -Scott