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


To: Tom Trader who wrote (8216)11/10/1998 9:45:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
Response time slowed as 9:30 approached. Weird.

I am long from Globex and looking to sell and go short shortly after 10:00. I think the market tries to close the gap, sells down to lower lows---perhaps 27 or lower--then bounces/rallies most of the rest of the day.

Except for McMillan, who appears to be somewhat on the fence, all the analysts I follow are now in the bearish camp.



To: Tom Trader who wrote (8216)11/10/1998 9:49:00 AM
From: donald sew  Read Replies (2) | Respond to of 44573
 
Tom,

>>>>>>>> The only one--other than the SPX and OEX-- which I monitor, that gave a sell signal yesterday on my system was the BKX -- and
it was not a large break. <<<<<<<<<

I have the BKX, XAL, and TRAN breaking their trendline slightly to the downside, which could be a sell signal.

seeya



To: Tom Trader who wrote (8216)11/10/1998 9:55:00 AM
From: donald sew  Read Replies (1) | Respond to of 44573
 
Tom,

A break of 8850 to the downside today would indicate we could go lower. I believe that would correspond to about 1123 on the SPX, not sure though, since I dont follow the SPX that specifically.

seeya