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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 (3505)	9/9/1998 8:48:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 44573

Tom, >>I still believe that we are in a longer-term down trend but the short-term trend is now up. Because we had a +5% day, or do you have another reason? >>but until it changes, we should be willing to demonstrate flexibility. Maybe I'm banging my head against the wall, standing in front of the train, piXXing into the wind.... But until I see the market over the 13 dma (not far from here at all), I'd stick by my crash scenario. The confirmations I need- SPX intraday under 1000 today, under 970 tomorrow. Then a crash combination is in the cards for Friday-Monday. Looking at the charts, this is my A scenario. If you gave me the chart of the current SPX, with no header, five years ago, I would've said the same. ATG