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With a completely different trading style, I also went long cocoa,
today...one day earlier than Steve Karnish. My entry today was actually
called by Larry Connors/Linda Raschke's Street Smarts system, Turtle Soup
plus one. And I have been wanting to get long anyway because I feel most
comfortable with a scale trading approach, and cocoa is again approaching a
very tradable price from a scaletraders point of view. So I hope Mr. Karnish
is right.
Larry Brown
In a message dated 08/10/1999 10:31:42 PM EST, kernish@xxxxxxxxxxxx writes:
>
> Haven't had a trade in my Cocoa system since 6/3/99. Tomorrow morning, me
> and a few of the "chosen ones" will be reversing are "summer long", short
> positions. This was a difficult one to ride with, but when your on the
> "mechanical bull" (or bear), the object is to stay on until the bell rings.
> Ding dong, we're going long (in the morning).
>
> Steve Karnish
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