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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 (418)	5/12/1998 7:25:00 PM
From: steve susko	Read Replies (3) \| Respond to of 44573

<Mayana> Which way are you leaning towards tomorrow? I have a slight overbought signal. I am looking for SPM to break my resistance level of 1129 early with a good CPI report and watch it scale down in the afternoon.

To: Tom Trader who wrote (418)	5/13/1998 10:01:00 AM
From: Clay M	Read Replies (1) \| Respond to of 44573

Hi Tom. This thread is a good idea, it's nice to know there is some interest on SI in trading the S&P's. I think as I mentioned to you once before, I trade the S&P's, sometimes daytrade, sometimes 1-4 day swings, depending on what is offered. That was a good buy you made yesterday in the 1111 area. What went into your decision to buy at that point? I use TradeStation and watch several of the standard indicators on the SPM in different time frames, 3min to 30min, plus a couple of ema's. When it was trading at 1111, all of the indicators were turning up, plus shortly after 1PM, VIX & TRIN were rolling over. Unfortunately, I didn't make the trade, I went to play golf. Clay.