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sp500 rollover etc



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I don't understand you message about waiting for Sept SPoo's to move a certain
amount/direction before rolling over to december.  Could you not simply close
your Sept position and simultaneously open a December position.  Clearly there
are slippage and commission costs but that will occur whenever you roll.  What am
I missing here?  Thanks.

JCDuffy@xxxxxxx wrote:

> Please see Comments Below....
>
> ===============================
> << << good morning
>
>   i hope you had a chance to roll into the dec contract
>   if not  today day traders can  sell  short when  spoos are  up   5-7 points
>   position  traders can use  today sell  off   to go  long  spoos  when it is
>  down
>   14-20  to go  long for  a target of   35-40 points
>   regards
> ======================================
>   Ben >>
>  good afternoon
>  sorry i missed the   short trade in the  late morning by 1 point  and  the
>  long trade
>  in the afternoon by   3-4 points >>
> =======================================
> Ben, not sure of your intentions, but I hope (and don't think) you were
> criticizing.
> These "misses" just prove once again how very close most of these forecasts
> from Profittaker are. I have no idea who he is, but by the consistentcy of
> his market calls, I do know to be on the look out for his views. His is a
> forecast of support/resistance and direction only. It is not his
> responsiblity to determine your risk tolerance. It is certainly not his
> responsibility to tell you for free, things it likely took many years and
> many thousands of dollars to learn. I hope he continues to generously share
> and thank him for it. If you can't use a tool like Profittaker who is right
> most of the time, then don't blame him for what you have yet to learn. For
> some, he is the best of RT.