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

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To: Patrick Slevin who wrote (1503)7/16/1998 10:55:00 AM
From: SE  Read Replies (1) of 44573
 
It may be holding but it looks weak to me.

How would you consider the trend today. Early trend is down, so that says one should be short. However, 78 is holding and longer term trend is up, so one should buy.

Guess I have trouble with the trend thing. Short term traders should look at short term trends I would think. That means down. But the longer term trend will over-ride usually, so ......

You get the idea.....

PS - I am short 79.40
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