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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 (3043)9/2/1998 11:09:00 AM
From: Stoctrash  Respond to of 44573
 
>>How are you deciding at what point to re-short the market??

I'm using some Fib retracment levels and some cycle stuff, that points to the 8th-9th area as a possible top.

I'll be looking at the P*stop, but since the environment is so wild I'm trying to sell a rally. This seems to be the pattern given the last consolidation from 8/5 to 8/26. I'm looking for some sort of consolidation here between 1020 and 980.

Hopefully, I can sell into one of these rallies above 1000 and wait for it to break. If I have to, I'll sell the break.