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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 (5442)	10/6/1998 10:06:00 AM
From: SE	Respond to of 44573

I just got a sell signal. It worries me a touch as it is now bouncing off the 200 period ma, but a good entry for a short would be about 1012.50 or so. I am not going to take this one as the price is too close to the 50 period ma offering me simply an opportunity to be whipped. We shall see.....

To: Tom Trader who wrote (5442)	10/6/1998 10:07:00 AM
From: Jerry Olson	Respond to of 44573

Yeah TT paper money sure ain't real bucks!!!! i do feel that world leaders will cut rates..Spain has this AM...i must having premonitions<g>... i'm buying several call options after the first hour...i always wait till then... I love INTC-YHOO-ATHM-SEEK-, just for a trade..Nov,'s for protection, and looking for a double... as for my Spoos trades, right now i'm holding...why not??? right...:>}

To: Tom Trader who wrote (5442)	10/6/1998 10:13:00 AM
From: donald sew	Read Replies (1) \| Respond to of 44573

Tom, The VIX is back to the 41-42 range, and the last time it was here it sold off. The RUT is up only a few points, underperforming the DOW. The NAZ is nowhere near what it lost yesterday, although stronger than the DOW for the moment. The KEY is whether we close near the highs or substantially off the highs. So far the 7900 upper limit of the mini-stairstep is holding. Did you get a BUY/continuation signal on yr system. seeya

To: Tom Trader who wrote (5442)	10/6/1998 10:14:00 AM
From: SE	Respond to of 44573

Tom, I just got a buy signal. I am going to paper trade it on auditrack. Am long one at 1014. I expect a run back to 1020 at which time I will SAR the thing for a ride down. If it doesn't get there I plan on SARing weakness wherever it is. Looking for a quick scalp to gain some confidence back. So I see up then down in the next 1/2 hour or so. -Scott

To: Tom Trader who wrote (5442)	10/6/1998 11:05:00 AM
From: Stoctrash	Read Replies (2) \| Respond to of 44573

Carp's Cycle update: Looks for a ST HIGH on the 7th, then a LOW into the 9th. From there he see's UP into the end of the month, 26th-28th. Another set of HIGH's show up on 11-2,3 ....then a NASTY NASY DOWN move into a LOW on 18th-20th of November. His words: "Stay in cash Another nasty drop into Nov is likely. The high could be spread out over a two weeks or just peak in on day. The end result is a sharp low into mid month(November)." Cycles in OCT. are positive so I expect a rally back to near highs of Sept. No guarantees with so much turmoil in the world markets. Very, risky here, I would advise to delay longs until min-Nov. Maybe a higher low there would set up a better buy point."