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

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To: Tom Trader who wrote (8675)	11/16/1998 6:08:00 PM
From: Patrick Slevin	Read Replies (1) of 44573

I was scanning now and then but speed was poor so I did not try to fight the tape and post, so to speak. I did notice Scott's call around the 1130 level and almost posted that my opinion was that it was the correct time. The way I saw it, the 200 tick MA was at 1130; it was a crucial turning point. Also, I noticed on another website where a trader pointed out that although Cash was hitting new intraday lows the TICK was not. I wrestled with the idea but was already long and if I put one on it would have to be positional. As it turned out, the existing trade met a mental requirement for positioning and so I am long overnight from 36. I thought I was a bit early/late at the moment that I put that on but it met a requirement that I decided to try out to see if it could meet the acid test for a short term trade. Nope. I had faith in the 200 Tick average though so I kept it on, believing it had the potential to get to 42, my cutoff for a position trade. God Help me. BTW, what's with those later blank posts between Scott and Ground Zero?

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