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To: donald sew who wrote (40438)4/20/1998 2:21:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 58727
 
money flow

I think they do this Thursday to Thursday

trading-ideas.com

SEEK had neg MF

WFC and US Banc Corp possible rumor....



To: donald sew who wrote (40438)4/20/1998 2:35:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
Although I am now short I think we have a bounce into mid-week.

They ran it down hard on the futures and bounced it fast just like last Friday/Thursday. It hit 1125 for one tick and bounced to 1128.80 in less than 10 minutes.

But one good sell program and I will bail out of 1/2 my short position. I have been having a rocky time of it the last two days. I have to get back to trades that take less than an hour, these larger time frames are ripping my confidence apart.

I think if they can get the SPX/SP8M back to flat they continue into mid week with an attempt at new highs. If they break the low from Friday the market is cooked.

In the interim, however, I get whipsawed. I imagine I should step aside until it's more obvious. I know once the market picks a direction I can make the money I lost last week back fast enough.