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

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To: SE who wrote (39639)10/29/1999 2:17:00 PM
From: peter n matzke  Read Replies (4) of 44573
 
Scott, i think i mentioned some time back, that when the distance between the 300 ma and the current price exceeded 45 points that a pull back of 20+ points followed on a fairly consistent basis.
this am the distance exceeded 55 points, ie the market is too hot to be sustainable, imo o'corse
regards
peter
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