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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 (2257)8/21/1998 12:25:00 PM
From: Nemer  Read Replies (1) | Respond to of 44573
 
TT :

This is just a passing thought from an ol dummy .....

Expiry day ------

head fakes move the market in a direction to clean out the holdings of weak hands -----

then more head fakes move the market in another direction to attempt to bring in the freed up money from the weak hands to try to "make up the losses"
------

then the real settlement position desired is allowed to settle in
------

as I said ---- just a passing thought .....

but if this senile meandering holds any merit
the last hour or perhaps just a little more than an hour at the CLOSE
WILL
tell the story

Regards ---- Nemer



To: Tom Trader who wrote (2257)8/21/1998 12:37:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
71,72 sounds good.

I may wait and see ...try to sell it on a failure.

Already short half at 65......Perfectly willing to take it off if it gets out of hand and re-enter later.


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