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To all who wrote to me privately, thank you for your words. I have had
an overwhelming week-end completing my 1997 federal income tax forms.
The ***-****** thing takes a banker's box to mail to the buggers in
Washington and several weeks of pencil-sharpening. I went from owing
$4800 to receiving $4600. So please forgive me if I have neglected to
write back. If you don't receive a reply by tuesday, please post to me
again. I am sorry that you must do this, but I feel about now that I
have just finished making love to a gorilla. If I may interject a
personal comment, flat tax or consumption tax!
I made a mistake on last post for the cows. I was rather fatigued and
made a trade statement while tired and lazy and the stop was all wrong.
I had used the GIF and not tradestation and I misread the line.
Something bothered me all night and in the morning, I loaded TS and got
the real deal from the workspace. However, I did state in last post that
64.85 was my stop. I normally risk $200 in LC and I was feeling cocky,
so I posted with the intention of of going 1 tic above the resistance
line. (see gif below) The line for that day was 64.99, call it 65.00 and
I would have gone with 65.025 as a stop.
This is what I did when I saw the reality of my numbers. I am short at
64.65. However, since I have sinned the sin of pride, this list can
tell me to bugger off, you're out and there's a loss on your first play
here. If so, fine, I deserve this and I would go short tomorrow. My
guess is an open around 64.00 and a high of 64.25-30.
This is not as easy I as I supposed since I am restraining myself from
using any other technique in my tool-box for LC.
Good night
--
Ken Macht macht@xxxxxxxxxxxx
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