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I used to trade futures. It's one of those questions, if you have to ask
you shouldn't do it. I never consistently made profits until I started to
trade options. Your style seems to be, bet the farm and ask questions later
and I admit that can work sometimes. I think that half of the battle in
trading is finding a level where you can function reasonably comfortably
and then grow from there. The other half is developing a "feel" for acting
on what you see. At any rate I wish you luck with your OJ trade. If total
disaster befalls the stock market as you have projected, it will effect
other markets. Deflation like you wouldn't believe could result.
Brent
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> From: khanitha <charlie@xxxxxxxxxx>
> To: brente@xxxxxxxxxxxx; RealTraders Discussion Group
<realtraders@xxxxxxxxxxxxxx>
> Subject: Re: O.J. the next bull...
> Date: Sunday, August 30, 1998 10:17 PM
>
> why trade options?unless you see a huge break-out and time it perfectly,
> just stick to futures. Here's what i'll do--->buy 2 novy's around here
use
> a stop atleast 10 cents below entry (3k risk), sell 1 of those when we
are
> up about 20 cents, around 135, then maybe rollover the other or hold it,
> either way, basically hold the other for a potential burst well above 135
> to maybe, 150, 200 who knows, with a stop around 120 when it hits 135 the
> first time, get it.....VERY SIMPLE.....
> Also, as the stock market makes every bull and brainwashed mutual fund
> contributor very "sick", they will need some "vitamin C" or "o.j."
> (ha,ha).......
> gary
> hawaii
>
> --------
> > From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
> > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > Subject: Re: O.J. the next bull...
> > Date: Sunday, August 30, 1998 6:03 PM
> >
> > Yes, but it's in jest, on the lighter side ok. I've successfully traded
> OJ
> > options before but it is very thin.
> >
> > Brent
> >
> > ----------
> > > From: Varouj <VaroujYA@xxxxxxxxxxxxxxxx>
> > > To: 'brente@xxxxxxxxxxxx'; RealTraders Discussion Group
> > <realtraders@xxxxxxxxxxxxxx>
> > > Subject: RE: O.J. the next bull...
> > > Date: Sunday, August 30, 1998 9:46 PM
> > >
> > > What do you mean 3 traders. Do you mean "not enough volume"?
> > >
> > > On Sunday, August 30, 1998 11:18 AM, BrentinUtahsDixie
> > [SMTP:brente@xxxxxxxxxxxx] wrote:
> > > > Go ahead and trade OJ and then there will be 3 traders trading
it:-)
> > > >
> > > > Brent
> > > >
> > > > ----------
> > > > > From: khanitha <charlie@xxxxxxxxxx>
> > > > > To: realtraders@xxxxxxxxxxxxxx
> > > > > Subject: O.J. the next bull...
> > > > > Date: Saturday, August 29, 1998 3:13 PM
> > > > >
> > > > > Hi rt's,
> > > > >
> > > > > If you recall, a few weeks ago, some rt's wanted to get short
o.j..
>
> > I
> > > > > responded by saying if anything you would want to get LONG.
> > Especially
> > > > if
> > > > > we close above the 115 area for the closest (weekly) contract.
> > Again,
> > > > the
> > > > > reason being (KISS) simple. I am doing what follows by memory,
but
> i
> > > > don't
> > > > > think it takes much of a memory for this trade --->
> > > > > 1- We are about to break a 9 year downtrend on the monthly
> > > > > charts!!!,!!!,!!!
> > > > > 2- The winter will be here pretty soon (anticipate the
anticipated
> > > > > anticipation)
> > > > > I believe florida does not have the world population of
o.j.
> it
> > > > once
> > > > > claimed, but,
> > > > > regardless, the "freeze play" is still there...
> > > > > 3- Check out the fundamentals--> where in the world are the
> biggest
> > %
> > > > > suppliers,
> > > > > what are there projections vs. last year. Do they have a
> > potenial
> > > > > frost, of bugs, or
> > > > > hurricanes, or La neenno, or anything to that effect to have
> the
> > > > > potential for
> > > > > ANY type of "scare"
> > > > > 4- Keep an eye on the weekly, daily, but especially monthly
> charts.
> > > > Also
> > > > > look
> > > > > at % retracements from the old 1990 highs above $2, to last
> > years 65
> > > > > cents,
> > > > > i think 135 would be the next target, then.......(see my
> point)
> > > > > 5 - refer up the list here to "1-" !!!
> > > > > 6- who knows, maybe over the next week, clinton and gorby will
> give
> > up
> > > > > women and
> > > > > wine, and start endorsing orange juice (ha,ha!)
> > > > > just more common sense observations from a fellow trader...
> > > > > gary
> > > > > hawaii
> > > > >
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