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Strategies & Market Trends : Dow Jones Futures -- A free paper trading service -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (254)3/10/2000 3:06:00 PM
From: fut_trade  Read Replies (1) | Respond to of 797
 
...you use a confluence of indicators

My original thoughts were to use currencies, long bond yield, stocks above the 200 DMA, 52-week new highs/lows, 10-week NH/NL, 2-week NH/NL, advance-decline, volume and volatility. However, the best success I've had (SPX) was based on price alone.

...the NDX just ignores it and keeps going

My feeling is that it will keep going up until it explodes and takes no prisoners. I'm content to stay away from it. I cut it out of my database a few weeks ago; I don't feel I can safely make money on it.