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

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To: Jerry Olson who wrote (9645)	12/6/1998 9:24:00 PM
From: Stoctrash	Read Replies (1) of 44573

OJ... My very fast StoAD indicator went long on Friday, it has a good record of getting the big moves but does get whipped A LOT!! Other short term daily stuff like my SRV overbought/oversold indicator are rather over bought(OTC more so) and the pattern they are building is saying the MO is drying up, though this could change in only a day or two's time. Some OTC/NDX based signals I'm following are still barely short, as well as most of my PStop signals on the major indexes. Another day or two up would reverse these. Like many have said....the next day or two are KEY !! Bigger picture MACD stuff have given sells and AIQ gave a sell on the NYSE/SPX on Thursday. Cycle stuff is calling for a high in here also, so if I was to stick my neck out I'd have to say a trading range happens. Breaks to the upside will be sold, and sharp drops over the next few days will be bought. Break some key levels for 2 or 3 closes, and the picture changes to either very bullish or corrective. How's that sound??

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