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

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To: Chip McVickar who wrote (11795)	1/5/1999 2:02:00 PM
From: Jerry Olson	Read Replies (2) of 44573

Chip just got back in...from lunch with the wifey<g>... if the SPX prints 1245 today and does not retrace to 1220...we would then get a buy signal... yesterday we hit that number 1245 but we closed lower in what we call at P&F in a column of O's...you can't be in both columns... so if we hit 1245 and hold above 1220..we would then be in a col. of X's and record a buy signal...reversal.... on the DJIA we are still in a col. of X's looking for 9400 for a double top buy signal and a breakout...

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