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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 (7015)10/22/1998 1:28:00 PM
From: coug  Read Replies (2) | Respond to of 44573
 
Patrick,

I am starting to see a short entry.. anybody else????/



To: Patrick Slevin who wrote (7015)10/22/1998 1:31:00 PM
From: The Jedi  Read Replies (1) | Respond to of 44573
 
SPX is triangulating on the 5 min since yestrday 11 am and I think we should see a move between 3 and 4 today to either the upside or down.

The guy is a day trader but also position trades when the opportunity arises.

I think the pros know that the market is not all that healthy and the bull heads keep making all sorts of excuses to keep the public long.

Got a fax from Bernie saying that this is the buying opportunity of a lifetime. Man that guy never gives up. He never went bearish bullish since July. I think when one starts believing that they can call the market all the time that is when they cann't see the numbers at all.

Carl Hittle also thinks it is the 4th or begining of the 5th. Either way it spells short time up. Favors said that the top is yet to come this week or next. If by 4 Nov 7400 not taken out on the down side then to go long.

Kiri