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Sorry about getting this off a little late this morning, but my 9 year old
was injured at school the day before yesterday and was transported to the ER
via ambulance. Thank the Lord and his Guardian Angel, he's OK but it really
scared the heck out of my better half and I. I'm still recovering and now
understand why children are for the young. :)
Anyway, we reversed our Long S&P positions this morning on the Open with
fills from 1474.75 to 1477.00.
Again, this Sell is against our trend as we don't have a confirmation with
our Intermediate Term Signal, so we just shorted the S&P futures and my
brother exited all of his stocks as well and went to cash. To paraphrase a
line from Saturday Night Live, "this system be verrrry, verrrry good for
us." :)
It's starting to get scary again. Too many winners in a row. This is the
point where we would start to feel omnipotent and increase our positions by
reinvesting our profits. That was the past, before MM (Money Management).
Anyway, good trading to all.
Regards,
Guy
Fax (630) 604-1589
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