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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (19832)7/5/2001 9:43:33 PM
From: Jdaasoc  Read Replies (1) | Respond to of 30051
 
As long as we stay over 1204 in the cash SPX..

We have 1216 futures right now. All longs should be hoping for good payroll report or we will be below that by open.

I think you had some formula for exiting the market based upon MAs I wouldn't mind if you repeated it again. I would hold it against you like some people on this thread do.

john



To: Rich1 who wrote (19832)7/5/2001 11:05:36 PM
From: ajtj99  Read Replies (1) | Respond to of 30051
 
Rich, I would expect a bounce on the SPX also if it hits the 1204 area. I'm just not real sure it will bounce above today's levels, that's all.

I expect the futures to get a little better after the jobs report. I've noticed they tend to over-react one way or the other before and after the economic news.


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