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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 (7646)11/2/1998 12:03:00 PM
From: Leland Charon  Read Replies (1) | Respond to of 44573
 
Patrick,

Just wanted to say congrats to you and TT on some beautiful trading today. Now I do expect both of you to average 10 points everyday. Anyone have a read on the afternoon?

Thanks,

Leland



To: Patrick Slevin who wrote (7646)11/2/1998 12:03:00 PM
From: F Robert Simms  Read Replies (1) | Respond to of 44573
 
Still holding on to my 1125 SPX put. It took all my will power to keep myself from doubling down. That may be the smart move, but not for a newbie!
Congratulations.

Best Wishes,

Bob



To: Patrick Slevin who wrote (7646)11/2/1998 12:05:00 PM
From: James Strauss  Read Replies (1) | Respond to of 44573
 
Patrick:

I follow the Two Second Indicator developed by the Cabot Market Letter... I look for New Lows to be consistently below 41...

decisionpoint.com

As this chart shows, there is a good correlation between New Lows being under 41 consistently and rising markets... The inverse is also true...

Jim