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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 (44181)	3/13/2001 1:17:46 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 44573

If nothing else, sell bounces then. ottographs.com I don't really care for the 200D MA much but so many people watch them. SPX must be causing some sweat elsewhere... 6 weeks down on SPX, 7 on NDX. Until a valid test of some sort happens in the weekly, selling appropriately likely to still work. I'm scalping longs when it makes sense but that's all intraday work.

To: Patrick Slevin who wrote (44181)	3/13/2001 1:56:54 PM
From: Chip McVickar	Read Replies (3) \| Respond to of 44573

I agree it's confusing...! I kept looking for the positional longs and got stopped out. Few winners but no biggies. With the move in the Dow over 200 points daily and the SPX chopping around 50-60 points on many days, you'd think positional trades over a couple of days would be productive. It Hasn't. Entries have to be perfect, and I've missed some great shorts. I've now changed to looking for sells for any positional trades, and shortened by time patterns for any longs. I'm not bothering with the market today. Until the es01m proves it can stay above 1202, I'm not interested. Glad you liked chart work on the Dow. The Dow Diamond, along with internal coils and triangle patterns is a great formation.