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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 (3938)9/11/1998 12:31:00 PM
From: Leland Charon  Read Replies (1) | Respond to of 44573
 
TT,

That would have been a great short this morning on the spoos. Are you still short per your position trade? This thread is really quiet today.

Leland



To: Tom Trader who wrote (3938)9/11/1998 12:41:00 PM
From: Arik T.G.  Read Replies (2) | Respond to of 44573
 
Tom,

Re: Your question earlier.

My scenario is so far intact, even with the morning rally.
The only confirmation needed today is a new daily low, the OEX below 474, which IMO is very likely to happen. If we don't make a new low by 15:15 I'd be very puzzled and will have to go back to the drawing board.

After we break the OEX 474 THERE ARE NO SUPPORTS!!!
A break of the 474 will cause a meltdown (maybe after a 1/2-1 1/2 hrs. consolidation, if it happens before 14:00) and Monday will be BK day.

ATG