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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: shoreco who wrote (39982)7/13/2001 2:48:06 PM
From: Louis V. Lambrecht  Respond to of 100058
 
That is crazy. This market is pulled by the nose at technical levels at which the big boys know how the average investor would react. (Buy the support, sell the resistance).
After all that is the way those professionals earn money, and why their employer pay $100K checks, the company Porsche and extra bonuses.

Btw I said 250 contracts would do the trick, I meant 250 contracts in one shot. Futures nearing neckline: a break below 1771 would mean 1730 before close. Watch my words pleae. ROFL.