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Politics : Idea Of The Day

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To: Judy who wrote (12135)10/17/1997 11:01:00 AM
From: J.T.   of 50167
 
Hi Judy, <Just say "boo!">. Happy pre-Halloween. Mid-term, I don't see problems. Very short term (today, Monday and into Tuesday), I think people want to just get through this "anniversary" unscathed before they will really come back to the table. I don't think you will see the momentum boys wanting to hold long positions going into the weekend. Too much "funk" out there right now. TB failed a test yesterday in that it could not hold the rally. 115 becomes more important although Ike's lower band 114.14 will provide backup support. Your strategy seems sound and takes some of the emotional element out of decisiomaking. Good trading. JT
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