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

To: SE who wrote (41582)11/28/2000 11:42:15 AM
From: Nemer  Read Replies (2) | Respond to of 44573
 
quickie post from balmy NE Tx ///////

1350 is/was floor/support

I was suspecting a bounce and got a quickie small one whilst I was expecting more ...

1350 is now my ceiling/resistance

expect that to be hard to break through for at least most of the morning ....

I'd love to stay and trade
but
duty calls .....

can you believe Paddy is messing with Beans ??????

LOL



To: SE who wrote (41582)11/28/2000 2:10:33 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
It ain't Canadian.

I took it Long at 65^04; it's a nice trending market to trade, but I am taking a chance that the downtrend has been halted and it is ready for an up-move. Was tempted to do that last week, but catching a knife is not what I like to try. I like to see it bounce and retreat first.

That mentality is what messed me up with the Yen, I thought I could get it on a drop from 91^50 but that was the Low Monday, it's now at 92^50


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