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

To: Jerry Olson who wrote (16374)	2/23/1999 11:00:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

The better nets are getting cautious. They are now half Long and half Flat On the Close, today. The overall posture of the Nets are Bullish. 61% Long 11% Short 28% Flat. AG has to position in Bonds, so he is probably ticked off as hell that he has no position in the Internet in general or DELL in particular. If I did not think the Long side was the avenue of choice I would take off the positional Long, so yes my trading at this point is limited to the Long Side for day trades. I may take another Long trade later. The "best" day trades are probably in, however. There will probably be a sloppy Long starting around 1:30, maybe 2, or even a little later at 3. DULL is up a bit today, I see. Think that stock is off the dime at this point?