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

To: GROUND ZERO™ who wrote (39016)10/26/1999 7:45:00 PM
From: Tim O.  Read Replies (1) | Respond to of 44573
 
gz,

Quick question... With the charts lined up for a big drop, do you think that the market will even ignore favorable GDP and ECI numbers? or would "good" numbers change your tune.

tim



To: GROUND ZERO™ who wrote (39016)10/26/1999 9:43:00 PM
From: Chip McVickar  Respond to of 44573
 
GZ,

This topping market was hard to see with a whole a series of complicated moves. With a peak at 1318....waited patiently for another peak....had two days over 1305 to get out...didn't do it? Now with the futures at 1277!

The outside day will undoubtedly finished it off this move.
Might as well wait for Thursday and look for a complimentary bounce.

Chip


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