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Re: hold on - Short



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Guy,
     Looks to me like a breakout to the upside.  Where's your stop?

JimG
-----Original Message-----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: Metastock <metastock@xxxxxxxxxxxxx>
Date: Monday, April 05, 1999 6:39 AM
Subject: hold on - Short


>JimG
>
>Well, FWIW, we reversed this morning, probably too soon, at 1315 basis Jun
>S&P, taking our profits on our last long.
>
>Since we're trading against our intermediate term trend, I'll be looking to
>grab some profits on any sharp breaks in the market.  Hopefully the market
>follows our scenario. <G>  As you know, we trade using probabilities.
>Currently we have a working probability of success on this trade of close
to
>80%.  Maybe this won't be one of the one out of five that bites us in the
>rear. <G>
>
>Regards
>
>Guy
>