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

To: Chip McVickar who wrote (42577)12/20/2000 8:49:46 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
Oh, I have not even thought about it, I would expect 1318 to be Resistance now.

1328. Max I would expect is 1340 but I doubt it gets anywhere close to that. 1328 possibly. Even that is a bit of a stretch though.

I think you are safe lowering stops into the 30s somewhere. My opinion anyway.



To: Chip McVickar who wrote (42577)12/20/2000 8:52:36 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I would definitely want to get Short before it makes a move towards 1295 SPX after any bounce by the way.


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