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

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To: coug who wrote (6621)	10/16/1998 2:10:00 PM
From: SE	Read Replies (1) of 44573

coug, Got tied up on a phone call. Not sure what is up right now. Never did get to the mid 60's as I was hoping. Did have a 1200+ point TICK move in under 1 hour, so I still expect to see a 10 point down move from the next high, which may have already occurred at 63.50. In my opinion TICK is not acting well, indicating downward movement yet. All this has to be cautioned however in that we are getting close to the 3 o'clock hour...which lately has shown strong tendencies to go higher. If we get much closer to 3 o'clock and I don't have a good sell point, I will probably bag it for the day. -Scott

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