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

To: The Jedi who wrote (6030)	10/9/1998 2:40:00 PM
From: donald sew	Read Replies (1) \| Respond to of 44573

Kiri, When I mentioned that the decline will start during the period of OCT 7-13, I was talking about the start of the decline. I had also mentioned the STAIR-STEP to also take place during this period. I believe that the decline has already started since the TOP occured on OCT 6 at 7880. Unless 7880 is broken by 50 points, I still believe that the decline is still in effect. We are just doing a DOUBLE TOP which is fitting right in with the STAIRSTEP. My resistance is at 7880, you are showing lower resistance. Keep in mind my system is not linear - so we may not be on the same wavelengths as to resitance lines. Also, per my system, the resistance of 7880 needs to be broken by 50 points to negate the situation. Seeya