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

To: SE who wrote (23475)	5/18/1999 1:11:00 PM
From: Nemer	Read Replies (2) \| Respond to of 44573

ES9M -- I'm going to (paper) initiate an unusual trade ...... long at market short at market more than likely this will mean somewhere between 1346 and 1349 I'll post when I do it ... even tho it will be a paper trade. My reasoning is that there will be an over reaction to any announcement ... whether it be action, change in bias, or no comment. .... I have given serious consideration to making this trade be a real one also, and not just on paper. There exists a strong possibility that I will do just such a strange thing for real in the next hour. Should I do that, I will post the action as well..... Comments, anyone ? Nemer

To: SE who wrote (23475)	5/18/1999 1:24:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

<no volume and no action.> Yesterday was the third lightest day this year. Means nothing except that people are waiting. The Bullish case is that no one took it down hard yesterday after Friday's collapse. The spoo closed relatively Flat. The news usually hits about 2:13 EST. I may wait and try to fade the initial move but I think it will be so fast that only those with that newfangled Elektronical Trading Type Doohickies (patent applied for) will even have a ghost of a chance. I gotta get me one of doze.