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

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To: Tom Trader who wrote (4230)	9/17/1998 10:21:00 AM
From: SE	of 44573

Just got out at 1031.00. Will look for a better position to get skinny. Looks like it wants to try to work a bit higher before continuing to work lower. The TICK direction is indicating that as well as market volatility and other indices that are finding some short term support levels around the short term moving averages. I still think this is just the beginning, but for a short time I guess we have a cooling off period. 1037.50 looks like a good spot to get short, if it gets there. That is kinda a ballpark average of the 200 period ma on the one minute and five minute bars.

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