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

To: Patrick Slevin who wrote (23510)	5/18/1999 2:24:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

Do you have your fill on the open buy at 46?

To: Patrick Slevin who wrote (23510)	5/18/1999 2:25:00 PM
From: Jerry Olson	Read Replies (3) \| Respond to of 44573

Just sold all shares in stocks...bought the May OEX 670 puts for a trade...i hope<g>... no way this market holds up against this bias..no way!!!!

To: Patrick Slevin who wrote (23510)	5/18/1999 2:30:00 PM
From: SE	Read Replies (2) \| Respond to of 44573

That F@#$%#$$ sell was my week. Sheesch....It sat there at 44/43 for plenty of time. No excuse not to hit it other than I simply did not want to trade in this mess. Nuts.

To: Patrick Slevin who wrote (23510)	5/18/1999 2:37:00 PM
From: Nemer	Read Replies (1) \| Respond to of 44573

the long and short at the same time was done about two minutes before the announcement --- the slowed down on SI made it come out just about at the time of the plummet .... and as one can readily tell, I definitely misread my rate of change thingie .... really, I didn't misread it, I just depended too much on it .... for it has now accelerated more to the down side. Had it been a for real trade ... and surely glad that it wasn't ... I'd have bailed at 1337 and the entire trade would have been a net loss of 2 points .... profit of 8 1/2 on closing the short from 1347.5 to 1339 loss of 10 1/2 on closing the long from 1347.5 to 1337 The 20 point move I expected looks to be better forecasted than my usage of it ..... he he