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

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To: Arik T.G. who wrote (13604)1/26/1999 8:49:00 AM
From: Tom Trader  Read Replies (1) of 44573
 
>>When neckline is broken the pattern suggest mid 1160s as target to be reached in few trading days.<<

Arik, that would suit me fine for now -- since I am short at this point.

But my sense is that we are establishing a bottom -- we may have already have done so -- and thereafter we should rally. How high we'll go remains to be seen but if there is to be asignificant decline it may only occur after this rally and much will depend on the quality of this rally as to whether we are putting in a top of any consequence.

But all of this is just subjective -- you know that I just follow the signals from my system -- no matter where that leads!!
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