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

To: Gersh Avery who wrote (24562)6/2/1999 5:29:00 AM
From: Berney  Read Replies (1) | Respond to of 44573
 
Hey, Night Owl

Not sure what happened in the sandbox, but it sure got quiet.

The market does look like a pinball machine. Your analogy is excellent.

Unfortunately, I got captured by a screwed up short term trade in INTC. But, I figure there could be worse positions to be in. The max pain figure looks achievable, but I hate being in the market long when its on the verge of a melt down. However, the jury is still out as to whether it is a melt up or melt down.

I've got some lines drawn in the sand at OEX 643 and 663 as the decision points. Until then, I have no idea where its going.

Best to ya dude,

Berney



To: Gersh Avery who wrote (24562)6/2/1999 9:08:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
< sayz up tomorrow also.>

Well, to clarify I only like it up into mid-day then down through Thursday at least.

In any event that's how I intend to play it at this point in Time. I could mess it all up, however, as I am specking on taking a Positional Short later to hold at least into Thursday afternoon.


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