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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 (2760)	8/28/1998 10:20:00 AM
From: SE	Read Replies (1) \| Respond to of 44573

I might sell the 45 area if it gets there. My method is on a sell right now. This is the first solid bounce off that sell. 45 is the 200 period ma on a one minute chart and should provide some resistance. I'll let you know if I hit it. EDIT...I changed my mind. I did not like the look of the PREM which was about 4.80 when I was thinking about hitting it and then it dropped to a low of 1.86 while the future stayed in a little less than a one point range. That makes me nervous. Very likely the trade will still work, but I prefer the future to lead, not the cash.... Just checked the prices again...mid 42's. Oh well...and right back again...