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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Chip McVickar who wrote (18720)3/17/1999 11:44:00 AM
From: Bull RidaH  Read Replies (3) of 44573
 
Chip,

Cycles are my primary trading guide now, but i make sure the E-Wave read is in line. Of course, i daytrade based upon your T-P's!! ;o) We have a 22 day cycle high due today, so as long as today's highs don't give way, i'll hold short into Friday or Monday. A 26 day cycle low is due on Monday, so we should see a decent bounce from Friday or Monday's low into Tuesday, where a 16 day cycle high is then due, which should propel the market back to the downside.

We're in a very important long term cycle period now, with 11 and 38 WEEK cycle highs both due in this time frame. The Oct. '97 meltdown came just after the 38 week cycle high came in.

Regards,

David
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