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


To: Michael Watkins who wrote (43971)2/22/2001 4:41:09 PM
From: Chip McVickar  Respond to of 44573
 
>>PS, before the buy program, it was looking to test the low of day. Lets use that swing low that it stopped at as a reference point - if things are healthy, price will *not* move back there<<

I agree... this pop is not a guarantee.

The day however was impressive and right off some forking stuff..., the reversal was not in mid-air on my charts.
But these days any follow through is good for only a few days, so my next turn is mid-march.

Been waiting for a trend reversal since last week and today may have been the day.