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

To: Kevin who wrote (1664)	7/24/1998 10:05:00 AM
From: Nemer	Read Replies (1) \| Respond to of 44573

Kev: This ol dummy is still holding to the absurd forecast that the BBx made Monday that the base would be put in on Wed and Thurs and Fri would be up........ he he he ------ and I remember well all the flack you used to catch for being a little early ....... gggg SPU points according to special request from BBx for the Scoot ---- 1122...1131...1145...1151...1157...1160... SPX points 1130...1134...1137...1140...1144...1146...1150... This foine morning, I get to reinstall a pump on the fountain in the back yard ....... I have a revelation that I just discovered to give the thread ..... When one is leaning over at a precarious angle and arms fully extended ------ CONCRETE is HEAVY -------- This tidbit of knowledge is shared with the full expectation that it will be of great value, or at least as valuable as the BBx forecast for yesterday to be up ......... well, maybe the BBx was just a tad early, because it did say Thurs and Friday ..... Regards --- Nemer

To: Kevin who wrote (1664)	7/24/1998 10:25:00 AM
From: Patrick Slevin	Respond to of 44573

Looking for a re-tracement back to yesterday's close or to lower lows? I'm glad I'm not in today. My view is completely 180 degrees away. I probably would have bought at around 10:15 ET. The spoo was bouncing off the 1150.50 low at 10:11 ET. Good luck, however. Options are more of a position trade than the stuff I do anyway. Glancing over, I can assure you I would have been out of half my position already anyhow.

To: Kevin who wrote (1664)	7/24/1998 11:03:00 AM
From: j g cordes	Read Replies (1) \| Respond to of 44573

Kevin, take a quick look at the increase in short interest in SLB at this post: exchange2000.com As you know, I've had problems correlating money flow results with price direction, duration and distance moves. Is it possible that increased short interest distorts money flow data such that what appears to be positive is actually negative? You might want to check some of the other stocks in the list to see if they had mf upticks during the same period as they increased short interest. Just a thought... Jim