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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: peter n matzke who wrote (24874)6/8/1999 9:38:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
Peter,

Time Projection
SPX open for 26 days

I'm looking for weakness on todays open and possibly a close lower on the day for the SPX....

Base should be about 1315±

On the Nasdaq...it's also hit an intermediate fork and should be weak on the open....base about 2495±

Both of these are just pull backs on the way to 1352 SPX and 2557 for the Nas....

Chip

FWIW....I'm short the open [paper] + 2 stop



To: peter n matzke who wrote (24874)6/8/1999 11:45:00 AM
From: Lee Lichterman III  Respond to of 44573
 
Thanks, I will play with it some more. EOM Lee