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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 (10905)	12/22/1998 3:41:00 PM
From: Jerry Olson	Respond to of 44573

SE looks like we'll rock into the close...bullish guy, very bullish...

To: SE who wrote (10905)	12/22/1998 3:44:00 PM
From: Patrick Slevin	Read Replies (2) \| Respond to of 44573

Was it? I don't check. His year to date totals on the spoo is less than 19K, I think, on a hundred grand account. But it's tough. You tell someone at 9 EST to sell at whatever point and cover on the Close, say, and at noon you tell them to drop the stop to 21.60 and da boyz start playing games....... Who could know the day would play out like that, unless the guy is at your shoulder every minute who could trade like that? He does better on OEX but even there, he said at 9 to buy OEW MP at 6 5/8 and it was doable because the low was 6 1/4 But then at noon he said sell 'em at 8 5/8, yet the high of the day was already 8 1/2. Another "seeya" trade. If the client knew at 9 to cover at 8 5/8 they might have had a chance....but I doubt they did this afternoon. I just checked, no they were not able to exit up at 8 5/8. It's a pretty tough way to advise people.