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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (32600)10/28/1998 7:56:00 AM
From: bearshark  Respond to of 94695
 
GZ: I think we are nearly exact on the same numbers. I have a needed hold at about 8200 - 8300 for this to be a correction. Then the 7750 number is my bull market preservation resistance line. Below that would be a test of new lows.

I am going to enjoy the ride, watch, and make some money. There are a number of nice patterns out there. I think the RUT is one possible inverted H&S also. Maybe the TRAN--I looked last night but cannot remember exactly which ones. We are going to have an excellent day to make some reads.



To: GROUND ZERO™ who wrote (32600)10/28/1998 1:22:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 94695
 
GZ,

Along with the outside reversals and other indictors turning down,
you had the declining A/D...
Did the A/D cross 0 and provide the exit call?
Was that the defining point that caused you to exit?
Thanks
Chip



To: GROUND ZERO™ who wrote (32600)10/28/1998 6:32:00 PM
From: Judy  Read Replies (1) | Respond to of 94695
 
Hello, GZ

I notice you position trade the futures and went short this morning. Do you average up on shorts and/or average down on longs if your indicators provide all signs confirming? And what criteria do you use for exiting a trade if it should move against you?

Thanks for sharing your experience.