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

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To: Chip McVickar who wrote (16893)	2/28/1999 6:25:00 PM
From: GROUND ZERO™	Read Replies (2) of 44573

Chip, I see what you mean, yes, I pointed out that coil a few weeks ago in a lengthy post to TT, it's more pronounced in the DOW, and it looks like it will resolve to the up side, although statistics show that this coil should have broken down a couple of weeks ago... that's why I first went short, but the extended formation is beginning to look bullish. If this is nothing but a sideways correction, then there will be a explosive move to the upside. I'm still long both stocks and bonds contracts and am betting on the upside for the meantime..... We'll all know soon enough..... GZ

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