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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 (6136)10/12/1998 1:38:00 PM
From: SE  Respond to of 44573
 
I am about ready to reverse myself. Just broke the 11.75 to the up-side. I am going to wait though. The PREM and TIKI just went real strong up so we should have a slight pull-back for an entry. If no pull-back will cut the loss on the 12.25 very small and move to get long.



To: Tom Trader who wrote (6136)10/12/1998 1:38:00 PM
From: TradeOfTheDay  Read Replies (2) | Respond to of 44573
 
Looks great Tom-
everything lining up - TICK, trin,beta, vix....

we may have a run on this one




To: Tom Trader who wrote (6136)10/12/1998 1:44:00 PM
From: donald sew  Read Replies (1) | Respond to of 44573
 
Tom,

My MOMO indicator just reversed. Currrent UPMO reading at .48, when it was over 1.00 earlier. Current DOWNMO reading is not at .625, when earlier it was only .35.

These are very short-term indicators and can change on the dime, but for now it is reversing intraday.

seeya



To: Tom Trader who wrote (6136)10/12/1998 2:02:00 PM
From: donald sew  Read Replies (1) | Respond to of 44573
 
Tom,

MOMO is really weakening. I am still sticking to my reversal date of OCT 13(plus or minus 1 day).

Seeya



To: Tom Trader who wrote (6136)10/12/1998 2:07:00 PM
From: Alan Smithee  Read Replies (3) | Respond to of 44573
 
Tom:

The BKX just took a hit. Understand a huge block of WFC traded that took the stock from 335 to 317 or so in an instant.