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Strategies & Market Trends : TradersChoice 2000 -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (120)	9/23/1999 4:39:00 PM
From: Tommy Dorsey	Respond to of 604

We don't trade S&P but our main coach the NYSE Bullish Percent Index has had us on Defense since August 4. I know you don't do trends on S&P but we don't look at it short term for trading. If you look at the 20 box chart on the S&p there is a majro sell signal at 1260 that could carry to 1220 and after 1220, 1000 waits. We are on defense however we are more involved in equities. Our posture has been to have stops established and in, no mental stops. Over the last two week many stops have been elected nailing down some great profits. Tomorrow should clean them up. Could look like last September. T