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

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To: GROUND ZERO™ who wrote (12288)1/10/1999 3:42:00 PM
From: Tom Trader  Read Replies (1) of 44573
 
GZ, I think that we'll see a short term top early to middle of next week. It should be a momentum top and then we'll see a price top in the next rally.

There could be a fair amount of upside left after this decline next week -- unless the sell-off is very steep. Re your stop at the 58 level, I suspect that we'll see it hit as part of this correction.

But my ability to prognosticate is rather abysmal -- so I'll wait till I get a sell signal before I go short!!
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