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

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To: coug who wrote (9181)12/1/1998 9:46:00 AM
From: SE  Read Replies (1) of 44573
 
coug,

If the gap is filled I will short it. However, my read last night is the gap doesn't get filled till we are rocking back to the up-side for a re-test near the old highs. That is just a gutt call however, I and reserve the right and priviledge to be wrong .... so I can short it.

I don't see how this thing can go up much at this stage of the biz cylce..

Agreed, however my problem is three weeks ago I did not see how we could rechallenge old highs, so I am somewhat reluctant to firmly entranch that thinking into my psyche.

Glad you are doing well....enjoy the foothills.

-scott
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