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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (29794)1/31/2002 7:52:36 AM
From: gsp6181  Read Replies (2) of 209892
 
BC, thanks for the education ("The January Barometer has worked every year since 1950, save for six.") - falls in line with Ken Fisher's call. For whatever it is worth the March NQ contract traded its largest daily volume yesterday (232k contracts) since inception in Dec. In my experience this usually results in a reversal of the current trend, but as Velo points out, the magnitude of the reserval may not be that great. Thanks for all of your posts. I always learn a lot. - george

P.S. If I should refer to you as something other than "BC" let me know.
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