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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (352)	5/12/1998 1:51:00 PM
From: Patrick Slevin	Read Replies (2) \| Respond to of 44573

Depends on what time they hit. Covered 2 at 1108.60, BTW. From the original short at 1113.50 that's 490 points, still short 2 from 1110.90 I don't think the lows will hold at all. I think the 1104 area would hold, but the bounce would either start right after the bonds close or going into the last bracket...the 3:30 ET time frame....all depends on how sharp the selloff is. The 1104 area because of the "declining tops" pattern appears to come in around there. There is where I probably will fold my tent, for what it's worth.