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

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To: Tom Trader who wrote (3972)	9/14/1998 7:36:00 AM
From: Patrick Slevin	Read Replies (2) of 44573

<Not sure why the system is doing so badly at this time> Perhaps it's just a case of the averages catching up. I'm sure your averages were not as good prior to earlier this year when you were taking large numbers in faster and faster time periods. Two things, I was reading an opinion (by McMillan) that caution should be exercised as last Tuesday's rally did not carry into Wednesday. And the 55 day cycle that Leland mentioned. He said CNBC stated it was last Thursday. Not really. Last Thursday was the 55th day after the highest DJIA close, but today is the day it hits after the last intraday high.

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