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

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To: Tom Trader who wrote (8794)	11/19/1998 1:03:00 PM
From: Patrick Slevin	Read Replies (1) of 44573

You get back and I get squid. It just took an eternity to send something to Scoot so this is the last for me until tonight. He said nothing today, but yesterday McMillan said buy programs on Friday's close if the OEX is above 555. I interpret that a step farther and say that should also be true for Thursday's close. Coincidentally, my patterns suggest a rally starting around 3:25 EST, I think it was. Of course, one has to keep an eye on any significant change in O.I. before blindly presuming buy programs will hit using his analysis. McMillan also thinks the weak A/D numbers have been due to tax-loss selling, nothing more. ~~~~~~~~~~~~~~~~~~~~~ The squid may be a blessing in disguise as I really have to get prepared for my travel plans. If Nemer is about, I'll be at the DFW Harvey or whatever they call it and the number there is 929-4500. If you make you make it; if you don't I'll just talk about you behind your back.

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