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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: F Robert Simms who wrote (8717)11/17/1998 10:53:00 PM
From: Patrick Slevin  Read Replies (2) of 44573
 
The extension had to be the 55 level. Granted it got to 58; but at that point it should have been shorted with a trailing SAR and a stop initially placed just above the high.

I don't have all the machines up but that's the thought I had earlier and the way it appears looking at the screen that is up.

The 55/60 range was/is monster R; breaking that, well. Can't say. all one could have done would be to watch it....perhaps to 80.

Anyway, tomorrow is another day.
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