Systems, Strategies and Resources for Trading Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SE who wrote (292)	5/12/1998 9:10:00 AM
From: Patrick Slevin	of 44573

I really do not have a clue. I think the first half hour, perhaps hour, will see an aggressive move in one direction. I tend to think that move will be down. Then the market should flatten and even possibly rebound. It all depends on how the bond is doing. My intention is to cover partially at 1109.50 on the SP8M, partially at 9 CT or around 1107, and then wait. Other possible times look like 9:15 and 10, CT, for intraday turns. The danger of intraweek buyers coming in on dips is always there, but the patterns of most of the past several days has been to sell rallies. So unless there is an obvious set-up for a rally I won't play from the long side.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next