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

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To: GROUND ZERO™ who wrote (14546)	2/2/1999 8:06:00 PM
From: SE	Read Replies (1) of 44573

Hey! Did you check with Plonk first? You best be careful! I was not impressed with the sell-off either. However, it did start at 1290 and carried all the way to 1252 in the matter of a few hours....so that in itself is fairly impressive. The bounce is no big deal, after a sharp decline like that it should be expected. Heck the retracement was 50% of the decline and should stop between 1270 and 76 would be my guess. Maybe I am convincing myself that the sell-off did/does have a good start after all. Heck before this post, I was on your side....sorry, I converted myself. More selling to come. -Scott

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