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Re: FUT - Current Trades



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At 02:29 PM 6/20/98 -0400, Warren Goldstein wrote:
>Hi all,
>
>I closed out my long Nov. Beans position at my 618 target. Entry was on June
>8 and 9 at an average of 573 1/2, as posted here at that time.
>Unfortunately, I had gotten out of part of it earlier this week at 587 1/4.
>I was trying to repurchase on Thursday at 592 1/2, and missed it by 1 cent.
>Oh well :-(
>
>Currently short the S+P at 1122.20, looking for 1069.7 this coming week.
>Stop at 1127.10.
>
>Also short the Swiss Franc at 6753, looking for 6627 this coming week. Stop
>at 6792.
>
>That's it for now.
>
>Good trading,
>
>Warren
>
>
>
>
>
Warren and all:

I don't know beans about beans but as far as the S&P goes, I thought we
were just starting the "summer rally" accoring to many of my sources.
I know May through October are the months to short, but why not wait 
for a "cruel July?"  I am long at this point based on advice from hints
from zeus4@xxxxxxxx (zeus-holdings.com).

PeteNa9090
petena9090@xxxxxxxxxxxxxx