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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 (2673)8/27/1998 12:44:00 PM
From: coug  Read Replies (1) | Respond to of 44573
 
I'm not.. These big move days screw me up.. I really like the
volatility of the past month.. but not this..



To: SE who wrote (2673)8/27/1998 1:05:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
I have got to learn something about candlesticks

I see these intriguing messages like the formation of a shooting star and white soldiers having formed and makes me wonder what it's all about. And that does not include the hammer and hanging man, of course.

I think that Nison is going to sell another book soon

If the SPX closes below 1058 or thereabouts it will have closed below its 200dma--as will the NAZ with a close below 1752--and that should cause some people to liquidate positions just based on this. I suspect that the 1055 level on the SPX and 8300 to 8350 level on the DOW should be the extent of any rebound for today.