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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Patrick Slevin who wrote (3503)9/9/1998 8:02:00 AM
From: Tom Trader  Read Replies (1) of 44573
 
Good morning Patrick

I too was looking at buying the dip at about the 1017 level -- when I woke up this am, the futures were trading down 11-12 points and I thought that this gap down would probably reverse immediately. Now that we are down just 5 points, I am not as sure how to play this. Entry at the 1017-20 level would be worthwhile for a scalp, IMO -- just not sure that we are going to see it -- and if it moves much higher and then starts to slide, I am not as sure that I would want to buy at that point.
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