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

To: Nemer who wrote (23487)	5/18/1999 1:42:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

Nemer, As usual I will defer to your expertise....just lay out the entries and exits so we can see how it all worked out. Then I will tell you what the correct way to play it was! :) -scott

To: Nemer who wrote (23487)	5/18/1999 1:53:00 PM
From: Jimsy	Read Replies (1) \| Respond to of 44573

Nemer - how about a Buy on Stop just above, and a Sell on Stop just below. Unless the market whipsaws you will be in long or short. If it whipsaws, you lose the spread plus slippage on the fill. What are the predictions for the market move? If no change in rate and bias, I would think the market will move upwards another 10 S&P pts, how fast, hard to predict. If no change and bias to increase rates, would think the market might just go into whipsaw mode on a 5 pt range. If rates up, would expect market to drop quickly, probably 20 S&P pts. Any other thinkings? 10 minutes or so to go