Systems, Strategies and Resources for Trading Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: donald sew who wrote (7209)	10/26/1998 10:38:00 AM
From: Patrick Slevin	Read Replies (1) of 44573

I covered at 75.50 I think it's still a sell but it looks as if it can bounce around for a short while. I guess I'm suspicious that the floor traders are aware that certain levels bring in buyers/sellers and fake us out by moving briefly over/under those levels. The more conventional T/A bothers me for that reason. So many watch where the S and R points are that it's not unusual to see the market move slightly past them and then recover. I imagine I have to start watching the DJIA more, though. Because when you start speaking of what the Dow is doing my eyes glass over.....Normally I fix on SPX and SPxx.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next