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

To: GROUND ZERO™ who wrote (14653)	2/3/1999 4:27:00 PM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

>>I think the reason why my entry/exit points may be meaningful for your system is because I enter on over reactions, not after the market already makes the turn...which is what I've noticed about your method, correct me if I'm wrong...<< You are right about how my system works -- and it is precisely because of how you time your entries that I can use it to enter protective positions on the OEX -- and if it turns out that you are wrong, then my loss is limited to the premiums that I paid for the calls. I'll still time the sale of naked puts based on when my system provides buy signals. >>I also agree that it's better to wear a comfortable pair of shoes than to try on a new pair mid stream,<g> I only asked because you mentioned that you might.....but now I realize what you had in mind....<< No problem, GZ -- like I said with the benefit of hindsight I wish I'd bought the protective calls based on your decision to go long. >> Tom, I'm glad to be of any assistance...just let me know..... Thanks -- just make sure that you don't screw things up now that I am using your signals for my purposes-- after all, I don't want to have to go back to earning a living:) BTW, I did get a good day trade in the bonds -- went short at 126 04 and exited at the close for over 1/2 point per contract. The bonds really are easier to trade than the spoo -- you ought to check it out again. My regards