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


To: SE who wrote (2662)8/27/1998 11:57:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
I now think we are putting in our bottom. The TICK/TIKI/PREM have all
spiked seriously. I suspect we will test low 40's and then bounce. The bounce
might not start for a couple hours so plenty of time for a good long position, but I
am now thinking the long side. This is the capitulation we were looking for, IMHO.


Forget about it! THe PREM spiked to almost +10, the TICK has rocked to the up-side, the TIKI has improved....this is the bounce, but the bounce is about done.

We are going back down again.

The bottom is not in yet....