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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 (6044)	10/9/1998 2:47:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 44573

TT very nice call here... your system is still short though, yes????

To: Tom Trader who wrote (6044)	10/9/1998 2:55:00 PM
From: donald sew	Read Replies (2) \| Respond to of 44573

TOM, My short-term technicals(manual calculation) is already at 81 on the DOW so it is already in the overbought region. My intraday analysis (not MOMO), based on 60 minute charts are already showing a CLASS 1 SELL. So it could start selling off here or continue up on MON/TUE, but that would imply that the stairstep would be broken to the upside. EDIT: I would not be surprise if some selling started now. I know it sounds strange, but we are already in the overbought region in the DOW, Seeya