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

To: Patrick Slevin who wrote (10112)	12/11/1998 2:50:00 PM
From: Tom Trader	Read Replies (2) \| Respond to of 44573

Patrick, I think that this market is cooked for today I have a better than double digit profit at this point in the day trade; the only logical place for me to place a stop is just below break-even from a chart stand-point. Do you have any thoughts as to the point where we might have a reversal? Your tip about the time was immensely helpful in helping me figure out an entry. I tried to short a few more OEX calls -- strike 570 this time but did not get my price. I think that until the impeachment business is resolved the upside is limited -- BC won't be removed from office but the turmoil of a Senate trial will be enough to cause a lot of uncertainty in the markets. I know that this does not matter to you from a stand-point of day trading -- just an observation XAU sucks