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

To: nicewatch who wrote (14805)	2/5/1999 7:39:00 AM
From: F Robert Simms	Read Replies (1) \| Respond to of 44573

My nets predict movements of the SPX. I watch the mini during the day for exact entries and exits. I use TA to monitor the SPX spiders to see which ones are likely to participate in the move and buy and sell them. I shorted the tech spider XLK the last few days because the techs seemed week and my nets said the SPX would sell off. I felt the techs would lead the way and make larger moves. When I think a large move is likely I will also add OEX puts or calls. I still hold some long OEX puts which I will close today. I plan to become a mini futures trader when/if I get my account built back up again. Best Wishes, Bob