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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 (6611)10/16/1998 1:15:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Just got a buy signal a moment ago. It is interesting that the SPOO is not running as far as I would expect given the run on the TICK. Indicates an overall weakness....just like yesterday the short calls were not producing the SPOO movement expected.....and we all now know why! :)

I think I am going to look for a 1200 TICK movement and if we get that look for the next shorting opportunity. Should be good for 10 points high to low if we get 1200 points on the TICK.....well, at least it seems to have worked in the past.

TICK will need to get to mid 600's for this to be a valid idea....

EDIT - Just had a +28 TIKI....might top out very soon....mid 60's would be my guess. Anyone else having any ideas today....or is everyone still blown away by yesterday?