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


To: coug who wrote (2649)8/27/1998 10:42:00 AM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
>>Actually this could collapse unless it gets better fast

I think that it has held relatively well so far--futures basically went down about 6 or so points from where it opened. Still quite a bit away from the 1055-1060 level that it must hold.

As long as we don't have a full blown reversal, I'll be happy -- after all we have tomorrow and Monday to complete the break-down. I am looking at a day trade short at the 72-75 level--let me know if you get a sell signal when it is around that level.