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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Nicole Bourgault who wrote (45629)8/9/2001 6:04:48 AM
From: LTK007  Read Replies (1) | Respond to of 56535
 
this the kind of TA i don't do.Too much work! But let's see how "anon" does <<To:Steve Lee who started this subject
From: anon Thursday, Aug 9, 2001 2:17 AM
Respond to of 23464

for 8/9 i have a morning high around 10:30 down to a lunch low around 12:40, then a rally for one hour..
from here it's a tough call: if we move down after the one hour lunch rally and break the lunch low, then we should continue to sell down into a late pm low at 3:30..if we just pause and start to head up again, then we should continue the rally into a late pm high around 3:30

basically, the low of day is either at 9:45, 12:40 or 3:30 (my guess is the low of day takes place during lunch)

I think we will get a morning high, down to lunch low, then up to a late pm high. Also, watch for a possible headfake down into 9:45 low before moving up in the morning.>> end quote.