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

To: SE who wrote (7092)	10/23/1998 10:56:00 AM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

Scott, I am still in the trade Had to step out for a bit to talk to the guy who was going to give me an estimate for sealing the deck. It went down more than I expected but I still think that it is a good trade given the market's current trend. I was watching the BKX which came within a couple of points of giving a sell signal but even through the sell-off the internals looked pretty good. Some of the other indices are performing well. I am looking to make about 8-10 points on the trade. I would not want to see it go much below 74 however--or for the SPX to go much below its 200 dma.