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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 (14608)	2/3/1999 1:53:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

FWIW...since I last posted I was called away and missed 68.00 anyway. My thought was 68.00 is a good entry with a 63.00 stop. That of course anticipates that we move up some between 68.00 and the Fed announcement. Somehow a 10 point sell-off or so with a subsequent rally did not seem too likely to me...so I thought 63.00 would preserve the trade. Of course, if he raises, I would have been taken out somewhere below 63.00, but probably not more than a point or two. Well, whatever....because I have decided that your course of action is best and I am going to call it a day since I have to leave shortly anyway. Good Luck all. -Scott PS - So far it is doing exactly what I had thought. Nuts. It will be interesting to see if the rest of it would go as I had hoped.....