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

To: coug who wrote (6155)	10/12/1998 2:53:00 PM
From: SE	Respond to of 44573

There appears to be some support there for a rally to continue, however, I think, and this is just a guess, that the highs are in for this rally. It is over. From an indicator standpoint, it looks like the TICK is positioned for higher prices. If the SPOO breaks 12.50 by a full point or more, I think maybe we do go into the close higher. If it doesn't, then we go flat or down slightly for the remainder of the day. There I think I have covered all possibilities. Suffice it to say, right now nothing is definitively one way or the other for me...but the indications are higher, and my gutt says nope to that. We are closing in on the 3 o'clock hour....an hour that, aw forget it...I hate the 3 o'clock hour.......