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

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To: Patrick Slevin who wrote (7991)	11/6/1998 11:43:00 AM
From: Tom Trader	Read Replies (1) of 44573

Patrick, basically your approach is a good one What you may wish to keep in mind is Iqbal's levels on the other indices -- I guess what he is saying is that for a significant move to occur and be sustainable, one would need for the other averages to confirm. As I posted to Suresh, my system -- because of the momentum generated with the rally -- cannot go short today and possibly next week, until a sell signal and then another buy signal is generated.

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