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

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To: Tom Trader who wrote (5438)10/6/1998 9:49:00 AM
From: SE  Read Replies (1) of 44573
 
So what do you think about this rally? Sure looks like it has some legs to it. I think high 20's, maybe at the outside low 30's, but am unsure.

The strong TICK/PREM/TIKI readings indicate to me that it will probably peter out in the low 20's and then reverse. I suspect the reversal will be a slow down affair, but could be wrong. Shit, I could be wrong about the whole thing and we go to 1050.

What are your thoughts? I am standing flat for now, and might all day. I may paper trade today on auditrade, instead of the real coin. Build a little confidence back.

-Scott
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