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

To: bcrafty who wrote (72020)	1/6/2003 12:47:22 PM
From: shoreco	Read Replies (1) \| Respond to of 100058

bcrafty, I am using the extreme overbought RSI and MACD on a 60min chart of the SPX... Of course they can stay overbought, but I'm using this formation and the combination of the SPX being around 925ish as my logic to placing my bids... This is a plan I have had set for many weeks now, and it took "many" weeks to come together... Of course we could still go higher and I will adjust my bids according to the daily TA... Right now my bids are just under the market and I'm counting on a little more upside to get them filled... I already have a couple Feb900's and Mar900's so I wouldn't mind if we rolled over either...LOL... But, I'd like to get a couple more Marches before we do... EOM Shoreco