by Larry Levin
Well we finished just slightly higher for the week on Friday as we learned a little bit more from the Fed and Uncle Ben (Bernanke). They felt they NEEDED to drop the rate by a 1/2 point because of the big risks.
Ok Ben, I'm with ya! Let's see if the credit situation will stay in the background and this market can keep going higher. But if not, we aren't done with the rate cuts, that's for sure!
By the way, Fox starts a new business channel today. It should be fun to watch. And maybe I'll see you on there!
| Real Time Trading Signals*for |
Trade Date: 10/12/07
E-Mini S&P Trades*
(before fees and commissions):
8:31 va sell 66.75 = +.75, +1.75, +1.00
9:32 eng sell 69.50 = +.75, +2.00, +1.00
10:55 eng buy 72.00 = -1.50 all
ID va sell 72.75 = +.75, +2.00, +1.25
E-Mini Russell Trades*
(before fees and commissions):
1) Buy @ 8:36am at 840.8 = +.5, +1.0, +3.0
2) Buy @ 8:46am at 843.5 = -.7, -.7, -.7
3) Buy @ 9:20am at 845.2 = +1.1 (1 lot)
4) Buy @ 9:53am at 843.6 = +.5 & +3.0
5) Buy @ 10:34am at 848.3 = +.6 & b/e
6) Buy @ 11:16am at 846.3 = b/e, b/e, b/e
7) Sell @ 11:20am at 847.2 = -.3, -.7, -.7
8) Sell @ 11:40am at 847.0 = -1.2, -1.2, -1.2
9) Sell @ 12:37pm at 845.6 = -.7, -.7, -.7
10) Sell @ 1:00pm at 846.9 = +.5, b/e, -.5
11) Buy @ 1:07pm at 846.3 = +.5, b/e, b/e
12) Sell @ 1:15pm at 846.1 = +.5, +.8, b/e
13) Buy @ 1:44pm at 846.3 = -.5 (1 lot)
14) Sell @ 2:09pm at 845.6 = -.2, -.2, b/e
15) Sell @ 2:21pm at 845.7 = +7 (1 lot)
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