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Strategies & Market Trends : STEAMROLLER'S DAYTRADES
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To: Dave Twibell who wrote (219)8/14/1998 9:17:00 PM
From: Wayners   of 1561
 
I think you are right on. Another measure is how bad the major indices sold off one one day. More often than not the next day is following by a big plus in S&P Futures, enough so to attract a flurry of market buy orders by amateurs resulting in the gap up. Still risky though.
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