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

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To: coug who wrote (2110)	8/19/1998 2:32:00 PM
From: SE	Read Replies (1) of 44573

The buy signal is very short term and generally only good for a point or two. However, today the trading range has been so tight that it hasn't even worked real well for that. I would not trade it based on today's market and what I am seeing in the TIKI, TRIN, TICK. So I guess you could say it is a non-buy signal! <<gg>> When I say buy signal or sell signal, that is the first step. The method triggered a watch for a buy or a sell. The other indicators must then line up and be counted...so maybe my terminology is off a touch. Does that make sense? I took a speculative short at 1109.30 based on the TICK divergence and the other indicators beginning to look real weak. The positive 30 on the TIKI was the icing. We shall see if this was a smart move or not. Looking to hold this one for a few points....4 or 5 anyway....a trial run....

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