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

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To: Tom Trader who wrote (6422)	10/15/1998 9:53:00 AM
From: SE	Read Replies (1) of 44573

Nice entry Tom. My method is on a buy right now, but I don't see a pull-back sufficient enough to let me in. Anyway, I have a 9 am mtg cst so I could not watch it if I was in. I don't know about the direction for the day, but for now the direction is clearly up! For a possible exit, you may wish to consider the 1010 or 1015 areas as resistance levels. Those are the 200 period ma on both the 1,2,3,4,5 minute bar charts taking into account the overnight activity and then without the overnight activity. Personally, I am not buying all this talk of big up-moves. I think 1018 to 1020 will be solid resistance, again....if we get there.... -Scott

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