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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (1683)6/30/1997 12:41:00 PM
From: Tom Trader   of 94695
 
>>The fact that your visiting this thread tells me you a searching for information also.<<

Hi Bob--I am constantly searching for information and ideas to improve my trading skills, methodologies and this is an unending process. The problem with a forum such as SI, is to be able to separate the wheat from the chaff--and not to be influenced by the "noise" in terms of ones basic trading. I generally frequent the options thread and you and others ought to visit it. It is one of the best threads on SI and has some very sharp people who post to the thread--but as always one does have to see beyond the "noise".

>> Do you have a call on the coming weeks if the INDU breaks thru a certain resistance point?<<

My signals are based on the SPX/S&P futures and change each day based on the price action for the day--so I cannot give you a specific number. I have previously said that a close on the SPX that is decisively over 900 would be a positive and could be the start of another major leg up--but this is my opinion and has nothing to do with the system that I use.

Regards
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