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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 (22339)	5/5/1999 1:19:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

OJ, Dow just bounced off a Mt at 10775 Not a strong fork , but it was a bounce.... Still would like to see that cross at 1300± SPX Just to see what happens <<smile>> 1290 - 1300 - 1310...must be the base for this cycle? Nasty turn here today Take Care Chip

To: Jerry Olson who wrote (22339)	5/5/1999 1:49:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

OJ, Let's exit this thing at 34.00. That gives us 28 points per contract or 56 total. Our prior total was 292. Let's call todays profits 52 for a grand total of 344. We are rocking. Let's short two later today. I think we will have a better price a touch later on....1340 probably at a minimum. I am a bit wary right now of the short side, although I expect more downside to come. I think the bond rally off the lows might give us a bit of a bounce in here. -Scott