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

To: TradeOfTheDay who wrote (6129)	10/12/1998 1:28:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

Bev, Right now I am short at 12.25. The long at 13.50 did not look good so I cut and run....I should note that it is on paper today. I have been trying something new today and it is very intersting. I had a one minute chart up and watched the mini cut through the 200 period ma. I then switched to a two minute chart and watched it do the same. Now on the three minute chart. Each time the next minute's chart provided a small bounce before breaking through. Don't know how significant it is, but it is interesting. Right now the three minute 200 ma support is at 1009.00. If we break that the four minute is at 1006.25. This is interesting. If we don't break it I plan on reversing to up-side soon.... -Scott