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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 (5363)	10/5/1998 11:52:00 AM
From: SE	Respond to of 44573

Just got a sell signal. I am short one at 84.50...the mini that is.

To: Tom Trader who wrote (5363)	10/5/1998 11:54:00 AM
From: TradeOfTheDay	Respond to of 44573

Thanks Tom... no I didn't know about that... and thanks for trying to educate me. I will have to work up to those lofty thoughts ! I've got lots to learn ......

To: Tom Trader who wrote (5363)	10/5/1998 12:02:00 PM
From: donald sew	Read Replies (1) \| Respond to of 44573

Hi Tom, Although the market is down strong my DOWNMO reading is at .57 and my UPMO reading is at .37. Average is in the .45-.55 range, so my momentum readings are not as weak as they appear to be if one just looks at the price movement. My short-term technicals for almost all major international markets are now oversold and we could see a bounce soon, on an international basis. But I do not think that any bounce will last long. it should SHORT, BUT NOT SWEET, and then the next strong down leg should start somewhere in the timeframe of 10/7-10/13. Thats the down leg that should take us below 7400. So Jerry could see his bounce. gggggggggggg seeya