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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 (11590)1/4/1999 10:35:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I think his numbers move slightly with the market but if anything the number would be lower than it was Friday, not higher.

So therefore he should be long, I guess.

I had a plan to add to the E-Mini position at ten point increments as long as the Neural Net models stayed long, but this thing is intimidating.

Also it smacks of pyramiding which I try to avoid, but I think if I keep the pyramid from being top heavy it will be okay.

Cuurently the mental stop on the trade is 1240



To: SE who wrote (11590)1/4/1999 11:32:00 AM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
Buy signal on the spoo earlier this am at 52.50

Sorry I was not able to post it earlier -- had to take care of some things unrelated to the market

Am now long the futures

Closed out the short position for about a 10 point loss

Looking to add to the long for a day trade on a pull-back

Still short the bonds

>>I have no idea if his levels change from day to day

Scott, the level changes each day -- so don't rely on any level that I may indicate for one particular day for any other day.

Availability today may be sporadic and I'll respond to messages when I get some time