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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Clay M who wrote (15208)	2/10/1999 4:03:00 PM
From: Chip McVickar	Read Replies (1) of 44573

Clay, I sat on my paper purchase at 1214 1:15 all afternoon watching this thing bounce off 1215 3 times....I thought I was cooked at 3:30 I just sold at 1222 Don't know if I'd have held on so long if this were live? But you take a position on your signals...set your stops and basically sit tight.... So much for my position trade against the trend Patience - Patience - Patience But ths action against the 1215 Lower tine of 1/4 is not good. Something must happen shortly to resolve this Pattern and Fork To bad you missed your entry. I like these BBands, especially for the volume indictions. I'll have to learn more about them find some reading. Chip

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