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

To: Jerry Olson who wrote (28723)7/27/1999 10:58:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I hope not.

If it starts heading there I will be out and waiting.

Actually I don't think it shall go there but the Contingency Plan is to sideline myself if it "looks" as if it shall.



To: Jerry Olson who wrote (28723)7/27/1999 11:05:00 AM
From: Nemer  Read Replies (1) | Respond to of 44573
 
Jerry --

My guess is the pits have to run the stops to the 59-60 level because the 61 appears to be too neatly done for it to hold for real.... after a "take 'em up" to about the 64/64.5 level.

UP has to be the pressure and the way to play the spoo, or at least that is the way it seems to me, but the 66 level is still hard resistance and must give way before a good rise can be sustained.

Nems


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