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

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To: Patrick Slevin who wrote (41637)	11/29/2000 9:45:33 PM
From: SE	Read Replies (2) of 44573

Well, my intuition suggests that this is overdone and we bounce out of the gate, possibly with a one way up. However, my search did not really turn up much in the way of one way up days...I got one day that way out of several that I picked. The most likely dates I see are 10/8/98 and 2/25/99. They played very similar although the degree of the moves was different. Most likely tomorrow is V shaped. Early low 9:40-9:45 Bounce to high at 10:20-10:40 Down to low at 12:20-12:50 Up to high late at 15:50-16:00 The best trades should be the short from the high at 10:20-10:40 and the long from 12:20-12:50. I checked gap days and see about an 83% chance of closing the gap, should there be one. I would think that would be the opening long, but it would not have to be.

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