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

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To: Patrick Slevin who wrote (2008)	8/18/1998 12:41:00 PM
From: Tom Trader	Read Replies (1) of 44573

It seems an almost relentless advance with any consolidation achieved with a very minor pull-back. I'd also be wary of going long if it pulls back severely after about 2:30 this afternoon. Is the 2:00 time frame linked to the bonds -- the way that you look at it? Looks like the 1104-05 level is providing resistance. I must say that volume so far has not been very impressive. Re your over-night long position--glad it worked out for you. Position trading requires a whole different mind-set and it takes a while to get there. I am still trying to get into the mind-set of a day trader -- and scalping for 2-3 points. I actually opened yet another account specifically for day-trading, over the past month -- I guess it is my way of compartmentalizing:) Looking at the 95 level to go long at this point

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