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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 (6347)10/14/1998 12:19:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
Coug, I can't get a clear sense of where we are headed

A break of 999 will certainly indicate a decent short.

I am tempted to short it at the 11-12 level -- but feel that it would be a gamble.



To: coug who wrote (6347)10/14/1998 12:20:00 PM
From: SE  Respond to of 44573
 
Well, this kinda states the obvious at this point, but hey, what the heck. I like to keep things simple. A solid break of 1012 and we go higher. A solid break of 1008 and we go lower. Appears that is the range and the channel.

Personal guess is higher. Reasoning....not real sure. It just looks right.



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