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


To: Bull RidaH who wrote (37185)10/18/1999 7:58:00 AM
From: Arik T.G.  Respond to of 44573
 
BRH,

>>I'll take that as a buy signal

Not a bad contrary indicator. So far Globex is responding to my exuberant post:
Message 11618656 -g-

But IMO any rally today will be facing very strong resistance from 1255 to 1260 on the cash. If the market can overcome this resistance (not likely IMO) then it's clear up to mid-high 1270s.
I'm planning to short the market as close to 1260 as possible, and reverse if 1260 is taken.

ATG