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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (528)12/20/2000 3:35:51 PM
From: OpusX  Read Replies (1) | Respond to of 12410
 
Chip,
no, took 4 points on that just reentered though at 1386.75

OpusX

edit long that is



To: Chip McVickar who wrote (528)12/20/2000 4:41:29 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 12410
 
Chip,

Even though the SP's moved lower, that was a very excellent trade...<g> the SP cash is now sitting on a weekly five year internal support point... either right where it closed or very close to it... with a weekly five year chart, it's not easy to be too precise..... we may actually be at some kind of low here, I know it sounds far fetched.....<g>

GZ



To: Chip McVickar who wrote (528)12/20/2000 4:48:09 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12410
 
Hi Chip,

Okay, I mathematically calculated this week's support point to be 1275.66 in the cash... we finished 10 points under that today, 10 points is close enough to be in the vicinity of that support point... let's see if this point breaks.....<g>

GZ