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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 (10564)12/17/1998 9:46:00 PM
From: Patrick Slevin  Respond to of 44573
 
Fact is, I was long Amazon and made a million 5 but then shorted and only made a quarter mil on the way down.

Bless me Father for I have sinned, when did I go wrong?

Really ticks me off that I can't buy the GI Joe with the Kung Fu Grip.



To: Jerry Olson who wrote (10564)12/17/1998 10:27:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
Hi OJ--good to hear from you

It sure has been a heck of a week in more ways than one

I am still long from the 1169 level -- and the signal that I had so little faith in when I got it, seems to be working out well. If a sell signal is triggered tomorrow, I'll have a decent profit on the trade.

>>i bailed on the OEX puts at exactly the same number I paid...but shit!!! i never went long!!!!!!!!! <<

Be glad that you bailed out of the puts, at break-even and as far as the calls are concerned, there's always a next time:)

I did not short any OEX puts this time around when I got the buy signal because I was wary of the signal -- I really need to stop second guessing the system or stop trading the OEX.

Regards