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

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To: steve susko who wrote (425)5/12/1998 9:43:00 PM
From: SE  Read Replies (1) of 44573
 
I am interested in thoughts on the following. If the number tomorrow is a good one for the market, many are suggesting a explosion upward. I am beginning to think even if the number is good, we will drop like a stone. Sell the news and what have you. Not to mention after today's last couple of hours....we are probably overbought short-term.

Anyway, I see a good number being followed by a small move up-ward, probably not much over 9,200 and then a downward bias the rest of the day. Anything other than a good number and we go down from the get-go.

Thoughts????

-Scott
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