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

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To: Patrick Slevin who wrote (8321)	11/11/1998 3:48:00 PM
From: GROUND ZERO™	Read Replies (1) of 44573

Pat, I even remember reading your post yesterday saying that the early rally won't last. I spent the whole day cursing you after the markets did start to fade. (just kidding) For Wednesday, Thursday, and Friday, I'll be dropping of a total of about 3300 decliners. So, even if we're flat for the rest of this week, including today, the cumulative sum will exceed 10,000 advances. That would allow for a pull back while still long the position without closing out the position. This is typical in a position trading system, at least in mine. GZ

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