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

To: donald sew who wrote (5372)	10/5/1998 12:13:00 PM
From: Tom Trader	Read Replies (2) \| Respond to of 44573

Thanks for pointing that out, Don During the slide last week you reached a class buy as opposed to a class buy 1--not sure if I am using the right terminology. My question for you is whether it would have to break 7400 for you to get a class 1 buy--just your best estimate. Am wondering if what we are looking at esp given your momentum read is that perhaps we get to that level and then rebound sharply before resuming the down-trend and breaking that level. I know you usually need your daily down-load before you know for sure but is there any way to eye-ball it and provide an estimate--ie how many points down we'd need to go down before a class buy 1 occurs?? Your updates are great --as are your superb reads of the market direction--you have lot of people indebted to you--just hope that you have been making some good money out of these signals that you provide.