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

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To: Patrick Slevin who wrote (13771)	1/26/1999 2:27:00 PM
From: Chip McVickar	Read Replies (2) of 44573

Pat, There is a M-tine at 1245-7 going back to a 1/04 The market SPX is right there....this may hold it for a while Like it did at 1239-40 There should be a move about 2:45 off interday fork But if it breaks through to the upside.....as the smaller one did at 1240...the market should add some more higher points. Hard to find the right entry for shorting opportunity We maybe off the mark on this one The only negitive news I could dig up was on Brazil Currency is declining sharply to 1.96 from 1.76 But Market is up 5% Interest Rates are 32% Money left the country to the tune of 8 Billion this month and there is worry about inflation.

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