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


To: F Robert Simms who wrote (31289)8/24/1999 8:58:00 AM
From: ynot  Read Replies (1) | Respond to of 44573
 
***OT*** Robert, being naive in futures, i find the use of nets to predict todays close interesting

my only conlusion (again, very, very naive) is that with yesterday's close and today's projected close, one would be able to 'guesstimate' the cycles of up/down during the day between resistance levels

what concept do you use in modelling today's close?
(this might be quicker to answer than, how would you apply the net targets?)

thank you
ynot ;)



To: F Robert Simms who wrote (31289)8/24/1999 10:38:00 PM
From: F Robert Simms  Read Replies (1) | Respond to of 44573
 
My SPX nets are going from mixed to short on Wednesday's close. My best NDX net is going from flat to short on Wednesday's close.

Best wishes,