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

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To: Jerry Olson who wrote (15992)	2/18/1999 4:19:00 PM
From: Patrick Slevin	Read Replies (1) of 44573

ND9H is zigging and zagging as well. What's the reason for the drop in the two big ones? Just a lack of buyers, I guess? The market's Volume does not look that hot to me, not for expiration anyway. It's much lower than last month. I don't know if that means anything. Perhaps it's just a result of this sideways move that has been hanging in since around January 14th. There is a school of thought that believes that if a market is "supposed" to sell off but just trades sideways then the "sideways" move equates to the "selloff". If that's true here, then Ground Z may be absolutely correct to presume there will be a resolution to the upside and that move could be powerful. I just hope that I'm still solvent when it happens.

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