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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject	4/3/2003 8:54:21 AM
From: Temple Williams	Read Replies (1) of 209892

Line in the Sand ... I finally have a line in the sand I can work with ... it is the 895.60 high from the close on March 21st. That equates to roughly 897.00 Spoos (given the negative premium currently attached to the June contract). If the market stumbles across that line, my bullish Secondary Series takes top honors, and the October lows from last year are history. sellnow.net Which means my current Primary would probably slip from the charts. sellnow.net Interesting that the March 21st closing high 'line in the sand' is also very close to my 6-min bars' Resistance 1 level (895.75). Anyway, it looks like today's market will finally put a brand on my braincell which could lead to much easier trading. I have been slogging through this market all week (with success, but it's a lot of work). It would be nice to have some sweat-free profits.

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