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


To: Patrick Slevin who wrote (41796)12/5/2000 4:44:54 PM
From: virtualsignal  Read Replies (1) | Respond to of 44573
 
Thanks for mentioning it and look forward to Nemer's response (when time is available of course). Interesting how there are terms for these quirks. :)



To: Patrick Slevin who wrote (41796)12/5/2000 9:24:07 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Wed appears to be most likely a 1 way down day or a V shaped with a tail. Looking for an early high, as early as the open, but likely to occur around 10:10. A midday low should happen about 12:20 with a possible weak bounce there to 14:05, then down to the close.

The dates I liked were: 4/26/00, 3/1/00, 8/19/98 and 9/17/97. The 3/1 date was the only date where it was not smart to be short as the second high of the day was higher than the opening high. On 8/19 the best trade was the late short.

Anyway, looking for an early short or a late short, or both. Not sure I like the long tomorrow.