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


To: GROUND ZERO™ who wrote (7577)10/30/1998 2:06:00 PM
From: Nemer  Read Replies (1) | Respond to of 44573
 
SPZ

just went long @ 04
looking for 3 to 5 points profit

edit ----
I was evidently looking in the wrong place ......
cause I found a point loss ...

out @ 03



To: GROUND ZERO™ who wrote (7577)10/30/1998 2:30:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
>>I just went short the bonds at 129-02 just moments ago. I suspect
we should now break those lows.<<

I am less confident of how low we will go -- why do you think that we are likely to break the lows. I'd like to see it close at the lows and hopefully break the intra-day lows for today.

>>The NYSE internals look very impressive today, I'll stay long into next week on my SP's.<<

Don't you stay long until your system tells you to get out?

What are the exit rules for your trades -- I assume that one of them is when the system reverses -- and you indicated that you don't use stops -- so is there a profit target also?