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

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To: Tom Trader who wrote (3101)	9/3/1998 8:38:00 AM
From: SE	Read Replies (2) of 44573

Tom, Missed this yesterday, but it worked again. Between 10:45 and 11:45 the TICK moved from a -200+ to +1000.....1200 points. In the later stages today the SPOO went from a newly established intra-day high of 1015 and gave up 10 points. I am going to have to start watching this for real as it seems to indicate the direction in the later stages of the day. Couple this with other indicators for entry and maybe this will be worthwhile. On the other hand, I still haven't looked at it in detail to really see if it works, but my observations tend in that direction. I wonder what happens in the other direction....say from +1000 to -200 or greater. Do we then have a run in the plus direction of +10 points from a newly established low? Interesting nonetheless. -Scott

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