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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 (21101)	4/14/1999 5:19:00 PM
From: Brian Hornby	Read Replies (1) \| Respond to of 44573

Starting to go up after hours - might be a gap up tomorrow after all. Nice buy entry points. I am still holding long - sold a put today (naked- brrrr its cold) but didn't average down otherwise.

To: GROUND ZERO™ who wrote (21101)	4/14/1999 7:05:00 PM
From: Patrick Slevin	Respond to of 44573

Eh, I know some people like to use it. I guess there is a School of thought on it but I trade on a different dynamic. I'd rather be out and looking for a re-entry, not "hoping" the Market came back to pick me up. I still have a positional Long, perhaps that is what crushed the Market. On the one hand, the system that got me in would stop me out at 1277.80 currently, I can handle that but it seems dumb. The daily version of the same system stops me out on a Close below 1325.90 Now that seems high. I think what I shall do is check the Intraday patterns for tomorrow and if they seem Bullish I'll triple up overnight and Hold with a Closing Stop of 1325.90 and an Intraday Stop yet to be determined. Frankly, this seems like more work than I am used to.