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

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To: SE who wrote (2305)8/24/1998 10:56:00 AM
From: coug   of 44573
 
My preopen comments were related to the up move on Friday with a flat to down open and then a reversal to the up..

Since we got a strong open holding past the first hour.. We move a
day ahead and look for a 30-50% back and then a reversal up..

Were are still on course for a up trade but it has to turn up fast here.. because we used a lot of the "up energy" in that first hour..

Would have preferred the flat to down leg first, to go long in todays
environment where there is no "follow through"

Good luck all
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