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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (4382)	9/21/1998 3:05:00 PM
From: Tom Trader	Read Replies (2) \| Respond to of 44573

Not sure why you exited when you have a sell signal My observation was geared to the outlook for the next few days as opposed to intra day movement. We could go and test the 21 level today and yet be up later. I do feel that we have seen a short term low for now--but it is a subjective opinion and largely based on the fact that if the market wanted to go down today it had every reason to do so--Japan, Clinton, etc and the fact that it did not will cause buyers to re-enter whether today, tomorrow or whenever. Not saying that we are headed to new highs by any means--just that there should be a tradeable rally to the upside.