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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Jerry Olson who wrote (24132)5/25/1999 8:42:00 AM
From: SE  Read Replies (2) of 44573
 
OJ,

Here is what I have for today.

I think we are going higher. This level should hold prices. SPX60 minute is right on a middle tine.

Here is my SPOO read of things. 1306 should hold. If it does, then we are going to 1331 (falling line with 1331 being the opening price) and if we get through the 1331 level, to mid 50's.

If 1306 does not hold we are going to 1259 with a pause and bounce at 1290.

Let's go long two at the open and then open order to go long two more at 1306. SAR the entire position at 1299. That should give us plenty of room on the 1306 level for an overrun.

What does your P&F say?

-scott
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