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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 (6634)10/16/1998 3:02:00 PM
From: SE  Respond to of 44573
 
Not my day to watch Greenspeak....I thought it was yours....

In any event, it appears to me the bulls rule the day again. The last hour has typically been bullish and that is about all the signals I have received lately. The latest have both been good for a few points so it looks to me as if they are going to run it again. It is quite possible that everyone was thinking short this am and that caused the minor weakness we had and now they are all thinking that this thing should have broken down more so they are covering. I don't know...that is just stream of consciousness.....

EDIT - If the gutts are there it seems to me right now, the 65.00 level is the point. Can they take to next resistance at 75.00 by the close????

Stay tuned....



To: coug who wrote (6634)10/16/1998 3:11:00 PM
From: SE  Respond to of 44573
 
coug,

The TICK just fell below the calculated level to get long. Doesn't mean the long side is wrong, but it is a first warning. I don't trade off of it once it is calculated, but maybe we are wrong.....

-Scott



To: coug who wrote (6634)10/16/1998 3:25:00 PM
From: SE  Respond to of 44573
 
coug,

Looks like she is starting to roll over....

No sell yet, but if the TICK gets to under 100, I think I will be on a sell side....

-Scott