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<P><FONT face=Arial size=2>List,<BR><BR><SPAN
class=676304316-27052000></SPAN>T<SPAN class=676304316-27052000>his refers to
the John Momsen </SPAN><SPAN class=676304316-27052000>seasonal trade from
Feb. TASC</SPAN><SPAN class=676304316-27052000>. </SPAN>We got an entry
signal on Thursday with the Nov. contract going through the 16 day low at
549. The system calls for entry on stop at 547.5 with an initial stop one
point above the 5 day high at 572.75.<BR><BR>Personally I find entering on stop
in these sorts of situations increases rather than decreases risk so I'm going
to wait for some sort of oscillator confirmation for entry and we can compare
how the two approaches go. Past entries for this system have usually been
followed by a small rally. Steve's favourite B.B. Histogram seems ready to
signal a buy so a rally is likely.<BR><BR>If someone is unkind enough to think
that I'm a day late with this<SPAN class=676304316-27052000>,</SPAN> I do have a
good excuse...Larry Williams was in town. <SPAN class=676304316-27052000>A
</SPAN>great showman. I asked him what he thought his best book was and without
hesitation he said that "The Gold of Exodus" was the essential Larry
Williams. Being made into a film later this year apparently. Only
$5.59 at Amazon so I must check it out. He also talked about
trading.<BR><BR>Jeff.</FONT></P>
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