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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 (6988)10/22/1998 10:03:00 AM
From: SE  Respond to of 44573
 
Ah, what the heck. The current drawdown is only $25,000 per contract. I think I can live with that.....:)

Unreal....

Short is my feeling today as well, but I simply cannot explain why. That bothers me.

-Scott

EDIT - and FWIW, my method is not quite on a sell, even though the SPOO is down considerably from the open. However, it rarely produces good signal in the first 1/2 hour of trading. The market needs time for the flow to develop is my guess....



To: coug who wrote (6988)10/22/1998 11:52:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
Back on sell signal. It stacks up this way:

Entry short at 72.50/73.00
Would like TICK to stay below +300, preferably lower.
Should see PREM in 6.50 range upon entry.

Let's see if we can get a good entry on this one.

Later.