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To: Paul Shread who wrote (21337)11/16/2001 11:04:26 AM
From: UnBelievable  Respond to of 209892
 
When I Can't Stop Myself From Trying To Predict The Market <gg>

I have been think that this legs tops out around SP00's 1156-60.

We have gotten stopped at 1152.25 Wednesday and a tick or two lower than that yesterday.

From a day trading futures perspective I could imagine doing a long trade with the average close to that number if everything else looked good.

From a swing trading perspective IMO it certainly is time to unload longs.

Keep in mind that one of the reasons I stopped swing trading is there is almost no time that I don't think is a good time to unload longs. <gg>

I've gotten to the point where I can can tolerate long positions as long as I have my finger on the mouse.