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

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To: coug who wrote (16717)2/26/1999 3:54:00 AM
From: Patrick Slevin  Read Replies (1) of 44573
 
One interesting thing is that we could both be right.

Globex started dropping like a stone a few minutes ago. I could get hooked on this night trading.

Many of the charts I was looking at provided this idea. The day could finish negative but the best trade would be Long. Many similar patterns to what I think will play out on Friday dropped hard very early, starting with a down Open. The markets almost always rallied back but many of them finished negative. So it was correct to be bearish and to be Short but the best day trade was from the Long side.

Globex just dropped suddenly, I don't know whether to try a shot now or wait an hour.....I guess I shall wait. Good luck in the AM.
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