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late buy signal



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List,

Sorry about the late posting, but we bought a bunch more on the open today.
I managed to send an email to my brother and father, another to a couple of
friends (on the list) and had to run into the hospital this morning for
photos of my retina.  What fun!

Anyway, we started experimenting with another Continuous S&P contract.  In
addition to the regular S&P continuous contract we use, I downloaded
Reuter's continuous contract that automatically switches months on the tenth
of the month.  We downloaded back to 1982.  Anyway, I ran one of our
Intermediate Term Systems (H700) against it (in Clipper and not MS since I'm
still working on that darn conversion) and was surprised, to say the least.

Anyway, it gave us a buy signal for last Tuesday and since I didn't find it
until last night, I couldn't buy anything until this morning.  I'm now about
60% invested in stocks and options on the long side.

This morning I bought 10 QVQJM, 20 OEXJT and 10 YQQJG to add to my
assortment of options taking me up to 100 contracts, I think.  My brother
bought more S&P futures a couple of days ago and owns around 70 option
contracts.  Way too many for our style of trading, but we're still learning
here.

Guy

" If at first you don't succeed, skydiving is not for you."