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To: donald sew who wrote (23399)	5/24/2000 9:19:00 AM
From: Robert Graham	Respond to of 42787

I trade the futures prior to the open with some success. Patterns there work during the more liquid period before the open. But actual behavior still is dictated by price action to a significant extent. Together with the slow resolution that frequently happens, along with money sometimes entering during my trade to whipsaw me, makes this type fo trading interesting. Positioning I find is important here. But with the spiking before the open, timing can become important also. Always interested in your comments, Don. :-) Bob Graham

To: donald sew who wrote (23399)	5/24/2000 9:19:00 AM
From: Robert Graham	Respond to of 42787

I trade the futures prior to the open with some success. Patterns appear to work during the more liquid period before the open. But actual behavior still is dictated by price action to a significant extent. Together with the slow resolution that frequently happens, along with money sometimes entering during my trade to whipsaw me, makes this type fo trading "interesting". Positioning I find is important here. But with the spiking before the open, timing can become important too. Also noting what happens right before the open together with a look at the broader chart can give me valuable clues as to what will happen right after the open. Always interested in your comments, Don. :-) Bob Graham PS: Here is that damn "echo" again that repeats me posts as I update them. LOL PPS: It looks like a move down is occuring early before the open, which can happen. I was going to place a trade to the short side, but the spiking kept me out. Still learning how to reliably play pre-market price action. So this can mean a move up after the open.

To: donald sew who wrote (23399)	5/24/2000 9:41:00 AM
From: Robert Graham	Read Replies (2) \| Respond to of 42787

Bingo! The "poke the public in the a" triangle has resolved in a predictable way. See my other post for clarification. LOL There was also a triangle patten during Globex trading. That is why I suspected a move up. Price on the SPOO has reached the apex. So the market may have one more chance to screw with the public before choosing direction. Update** That is exactly what is now happening. After whipsawing and forcing traders to capitulate by covering their short and then buying back in, price has now moved back to about where it started from. Don't you just LOVE this market? LOL Bob Graham PS: Am I getting a little bit cynical? :-) PPS: Sorry for the language. My sentiment came through in my post. :-)

To: donald sew who wrote (23399)	5/24/2000 10:48:00 AM
From: OX	Read Replies (1) \| Respond to of 42787

hi donald, no buyers, that's for sure. at some point tho, don't you think that anyone who wants to sell will have (or has) sold already? i wonder what happens when there are no buyers AND no sellers? :-) --- on another note... I'll have to go back and check for accuracy, but I seem to recall that the various double bottoms were of this pattern... - retest went lower than first bottom - VIX not as high on retest - volume not as high on retest - and of course, positive oscillator divergence on retest and as you know, VIX is based on OEX (and w/ OEX/SPX still off it's previous lows), I wouldn't expect it to be as high now. (i still have on my todo list to find the VIX calc so I can work it up on QQQ, if anyone has it, pls do tell)