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


To: Jerry Olson who wrote (9603)12/5/1998 10:05:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 44573
 
Yep, all the way down, but not really much down, the SP's are at about 1170.00, only about 20 or so points off the highs. I did know the price hit the upper tine, so I expected some pull back, but the position is still long.

My position system kept me long and it allows for these kinds of pull backs. I'm long a pair from 952.50 and 980.00, so what's a 20 point correction? If the selling continues into next week, I'll get a position sell signal and then I'll book the trade.

I agree, this thread is populated with saavy traders, really nice to be in their company.

Later...

GZ