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Thanks Ernie and all who responded to my thoughts on posting
trades.
I don't think next week would necessarily be better than this week or any
other week since my thinking was to do this on a permanent basis with our
list. I realize that some people would just try to benefit from the
information and not contribute and I know some will never feel
comfortable putting up their trades but hopefully, we have enough traders
out of our 800 or so members who will want to participate that the idea
will be worthwhile. If not, then it was a bad idea.
Make money tomorrow all .. should be choppy with short runs
imo.
Bob
At 10:07 PM 10/30/2002 -0600, you wrote:
Ok
Bob,
I will take you up on your proposition. This is my plan for trading the
S&P tomorrow. Note, all prices are for the cash index. I would not
want to be accused of dispensing futures trading recommendations.
Standard disclaimers apply do your own research, and consult with your
own investment advisor before making any investment decisions.
If the market should first go up and surpass 894, and then move back down
through 894 I would go short with an objective of covering the
position upon reaching the target of 885. My initial protective buy stop
would be 897.5. If the market moves down below 888.5, but does not reach
885 I would then cover my short as the market moves back up through
888.5.
If the market should first go down and break 888.5, and then move back up
through 888.5 I would then go long, with an initial protective sell stop
at 885. The target objective for covering this position would be 897.5.
Should the market exceed 894 but fail to reach 897.5, I would then cover
my position if the market should move back down below 894.
I would take which ever one of these trades presents itself first. If I
am able to succeed with one of these trades, and get the opportunity to
take the other trade going back the other direction I would do that
too.
E
http://groups.yahoo.com/group/snpforecasts/
-----Original Message-----
From: BobsKC
[mailto:bobskc@xxxxxxxxxxxx]
Sent: Wednesday, October 30, 2002 5:13 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] mail
We still have about 800 members in our group but with the markets
quiet, (not including oil), I guess everyone is a bit laid back.
While we are resting ..... I was wondering if we could get some
more specific equity and future trades? I mean such as
"tomorrow before the open, I'm buying 1K of GE looking for a point
over the next 48 hours with a .35 stop". Some on this list
will not wish to do that because they have commercial sites for such
things. Others may just not want to share their hard work and yet
others will be afraid they'll be wrong and ridiculed. (I can
promise if anyone is ridiculed for trying to share and help others, I
will remove the source of such rudeness from our midst).
This would liven up our list, greatly.
Bob
At 02:14 PM 10/30/2002 -0600, you
wrote:
I am checking I am not getting any mail since yesterday is my problem
or no mail
Thanks
Kris
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