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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 (3140)9/3/1998 10:36:00 AM
From: SE  Respond to of 44573
 
A nice flag pattern emerged just prior to this move up. That is interesting....

At this point, I still think short is the way to go. We had our 1200 point TICK move already....now if we can just find a good way to nail down the top of the move we will be in good shape. I still like my off the cuff remark to Patrick this am of short 85, stop 92, although I am beginning to think it may run to 90. That is probably a sign that the move is about over! :)



To: Tom Trader who wrote (3140)9/3/1998 10:44:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
Well, I am gone for a couple of hours. I think it will probably stabilize and play around at this level for a while. Bigger down move probably won't come till later today. My guess only.