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Re: [RT] Short ND rec got trashed



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Hi Mr. Simms,
 
I hope that will not mind if I put the record 
straight: we got stopped out in our attempt to go short the ND BUT we went short 
again at the same price and we published this order real time on our site 
http://www.alterama.com and by 
e-mail to our subscriber. During the same time frame, as published in our 
newsletter and on the web site, we were also long the T-Bonds at 109-10. One 
isolated trade is a little bit unfair as it does not tell the all story.
We don't feel trashed being stopped out. It does not mean that the call was 
wrong. This is money management. However I must recognize that I have been 
stopped out far too many times in my life just to see the market moving the way 
I anticipated. However I take that as cost of doing business and maybe that's 
one of the reasons I am still around after 30 years.
 
Have a profitable trading day.
 
Jean-Jacques Chenier
President
Alternative Asset Management, Inc.
----- Original Message ----- 
From: "M. Simms" <<A 
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To: "RealtradersList" <<A 
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Sent: Thursday, November 08, 2001 12:37 
PM
Subject: [RT] Short ND rec got 
trashed
> ALTERNATIVE ASSET MANAGEMENT 
presents:> > Update from THE GLOBAL MACRO PROGRAM:> 
> We have been stopped out at 1,570 of our short position on  the 
Dec. Nasdaq> (or mini Nasdaq) futures contract initiated at 
1,530.> > > > > To unsubscribe from this 
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