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

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To: Tom Trader who wrote (9471)12/4/1998 12:00:00 PM
From: Stoctrash  Read Replies (1) of 44573
 
Carpino update:
"The cycles point up through Jan, in my opinion. A reaction low at mid-month in December is probable. One top should come in on Monday December 7 (consider Friday (today) too). If the first reaction is small in magnitude, a rally back up to higher price levels is possible before a quick few days down into the 15 to 18th time frame. After a quick up, consider the markets could go flatline around the holidays. It just happens sometimes."

So...today-Monday are highs.
Lows on the 10th and...good lows on the 15th-18th, then up into the Holidays.
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