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

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To: Jerry Olson who wrote (40582)	2/10/2000 2:38:00 PM
From: Michael Watkins	Read Replies (1) of 44573

Hi OJ - wasn't watching the other chat rooms today, have some other work to do and juggling is getting hard... I think the market will set up a test of bottom today and trap as many folks into going long as possible. If it moves down tomorrow, the additional panic selling will just intensify things. Not going to call levels - I usually use 15 and 45 minute charts to pick out the intraday support / resistance targets and then just play it as it goes. I've decided to be a chicken and take my money near the lows today (well, so far, several times ;) ) and re-enter tomorrow. Chickens live to cluck another day... ;)

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