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


To: Patrick Slevin who wrote (6993)10/22/1998 10:59:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
Interesting, isn't it....

... we shall know next week. Heck the market would probably rally on the news...cause of course, it would be the last bad hidden news out there. There simply cannot be any more bad news....it is all out now.

....yeah.

Carl Hittle, who used E Wave and called the bottom within a couple of hours is thinking we are close to a 5th wave up. If he is right again, that would limit any downside we have from here.

...Just another little tid-bit.

-Scott




To: Patrick Slevin who wrote (6993)10/22/1998 11:07:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
FWIW...I just got a buy signal.

Parameters would be:

TICK to stay above -100, preferably above 0
SPOO pull-back to 70.50/71.00.
Key will be after pull-back can it get through 72.00-74.00 range which looks like some short term trouble.

Now that I look, it seems it doesn't want to come back for us. Well, OK fine...just sell the thing then! :) (only kidding....)

-Scott