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

To: Stoctrash who wrote (39444)10/28/1999 12:52:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
Fred,

My view from fork land ALL possible median lines have been hit as of today both on the S&P and the DJIA.

SPX
median lines off Aug & Sept Lows were hit today
Fib retracements were exceeded July 50% and .618% from Aug
One remaining median line sits at 1356-60 from June Low.

DJIA is very similar
With 10850 the next median line

Tomarrow I expect markets to regroup and decide what's next...it should be a down day. But I believe the Highs for the year have been printed.

Chip



To: Stoctrash who wrote (39444)10/28/1999 1:25:00 PM
From: Bull RidaH  Respond to of 44573
 
Fred,

This was tried in an earlier contest and didn't fly. We all thought it was a great idea then too. It's easy enough to skip over posts starting with contest trade info is my opinion... But I'm obviously not the sharpest tool in the shed! :o)

Regards,

David


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