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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 (10932)	12/23/1998 10:37:00 AM
From: Patrick Slevin	Respond to of 44573

The sudden dip to 18.50 took me off guard....I expected it to slowly decline to that neck of the woods. Anyway, I tried to catch it on a pullback after it bounced but I did not fare well....long at 21.70 Jerry Hegarty got taken out for at least a 460 point loss as his message was to sell the spoo on the Open with a stop at 1226.60 so he was out in less than 10 minutes. He still is long OEX puts, though. I think he will do alright with those by the close. His price target is too low though so he will not maximize the profits.