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


To: Patrick Slevin who wrote (2248)8/21/1998 10:48:00 AM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
I agree about the 78 level may have a better chance for a fill

Needless to say that every one of the indices are on a sell signal and given that we have the weekend coming up, one cannot see a lot of people wanting to go long into the weekend.

I may also short for a day trade in the high 70s--I don't think that 68 will hold and if the 58-60 level is brolen decisively, then we should have quite a day!!



To: Patrick Slevin who wrote (2248)8/21/1998 10:57:00 AM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
I am sitting here watching this screen in absolute awe

Unbelievable how a market can drop so fast and with so much fury

Will now probably short at 1074 for a day trade