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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 (3394)9/8/1998 11:44:00 AM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
Possible downside to 97, I think. Upside to 10 , then 15....some support at 00.

Just off the top of my head.

The big gap open leaves little flexibility but the next (presuming there is a next) move up may steam roll so I am prone to allow it some latitude.



To: Tom Trader who wrote (3394)9/8/1998 11:51:00 AM
From: Patrick Slevin  Respond to of 44573
 
The PREM is implying free spoos, so we have to watch Cash.

It can get a quick stop run down then blast it up so fast it will be nauseating.

Good thing I'm not watching.....much.