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

To: Stoctrash who wrote (6813)	10/20/1998 10:45:00 AM
From: Tom Trader	Read Replies (2) \| Respond to of 44573

Fred, "amazing" is the word!! Anyway, I have to head out in a bit and won't be back until 2 pm or so. One of the systems that I have indicates that if we break 1079 anytime today, it will probably signal a reversal. If I were around, I'd certainly look at shorting it at that point. The level can go higher later today but not any lower. My system will go short if the SPX breaks 1053.49 anytime today-- I shall go short the futures if that happens. The level that I use is predicated on the futures -- but if we see the above level on the SPX we ought to trigger a sell signal on the futures. Talk to you later