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

To: Tom Trader who wrote (13270)	1/21/1999 9:15:00 AM
From: Chip McVickar	Read Replies (2) \| Respond to of 44573

Good Morning Tom, I'm looking for a open going up this morning. There are 2 time changes, but I need to pin them down. I'll get back Chip

To: Tom Trader who wrote (13270)	1/21/1999 10:56:00 AM
From: Clay M	Read Replies (1) \| Respond to of 44573

Hi Tom. I haven't spoken to you in a while, but thought I would check in and see how you're doing. I hope your system has been working well for you, as I remember in the past it did OK. This market is looking kind of tired to me after the big run it's had. My charts show resistance about where it would be to close this morning's gap, and if it can get there I'm going to look real hard at the short side. But, if it can get above yesterday's high, I will be impressed. I checked Inger's report this morning and he is short from yesterday and thinks all rallies will fail. Is it possible your system would go short today? Clay.

To: Tom Trader who wrote (13270)	1/21/1999 8:50:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

And I blew off the trip to Florida. To bad. I had today knocked as well. But at least I was able to spin out of my positional Long at 61 to Sell per the Neural Net. I think that position is still safe, per my patterns. I still don't know how I got filled there. But I can't argue with it, it got tapped on a run that stopped precisely at my reversal point. I have more pain slotted for tomorrow but I will not be about. As it happens I like taking the time off so I shall see you and all perhaps next week.

To: Tom Trader who wrote (13270)	1/21/1999 9:57:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

By the way, I did not reverse the Neural Net position at the Open because I was too busy trying to get in Feb OEX 600 puts, which I pulled in for 10 bucks. I know, in retrospect it seems stupid to me as well. But I was able to spin out of them for 12.125 for two and an eighth rather quickly so it worked. I was lucky to be able to reverse the Position trade at 61, as that came later in the hour....as I was cursing and spitting about opting to go for the OEX puts instead of reversing the spoo position. This really is starting to get to be hard work. When dat trainee job opens at McDonalds I am first on line.