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

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To: Patrick Slevin who wrote (1987)	8/18/1998 11:06:00 AM
From: Tom Trader	Read Replies (2) of 44573

Looks like I am going to be around for a while, after all Did not get in on a day trade position as yet---it never pulled back to a level that I was comfortable with. Now what do you figure is the extent of the pull-back at which point you'd be willing to take a day-trade postion on the long side. I am figuring on the 1095-97 level--does that make sense to you?? How far down would you be willing to see it go before you think it would be indicative of a reversal. My sense is that anything below 1090 and this rally could be in trouble. Do you agree?

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