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

To: SE who wrote (8724)	11/18/1998 12:45:00 AM
From: nicewatch	Read Replies (1) \| Respond to of 44573

I noticed you guys were talking about forks... I use them a little in my trading. For fun, I posted a Dec S&P daily chart with what are the active forks, imo, at geocities.com it's the bottom chart FWIW. Feel free to comment or throw stones. Talk to you later Regards, Frank

To: SE who wrote (8724)	11/18/1998 8:21:00 AM
From: coug	Read Replies (1) \| Respond to of 44573

Hi Scott, Pat, Bev, Tom, GZ and all, Well I am back from my sabbatical of trying to seperate when cash and it's internals drive the market. and when the futures take the lead. So what I have come up with as a day trader- very-short term positional trader is to trade in the direction of the cash internals like GZ and enter with futures indicators, premium, tick etc.. like Scott and Pat with his patterns.. I knew this already, and everybody with experience knows this, but it was hard for me to put together.. tooo many indicators.. KISS, I used to mix them up and get stopped out and then watch the train leave the station, when I KNEW which way it was headed.. bad for the confidence.. Good luck all..... the Coug... no virgin on the Globex anymore..

To: SE who wrote (8724)	11/18/1998 7:13:00 PM
From: GROUND ZERO™	Respond to of 44573

Scott, I've no idea if the pull back will reach 1120 or if it will stop there, if it goes lower at all. The more near term fork, the less reliable over a longer period of time. The forks that Coug posted are good ones for the longer term picture. Prices are still meandering above the median line (ML) and not yet touching the upper median line (UML). If we get an explosive rally into that UML, then the rally ought to be halted right there. In the meantime, the internals are not impressive and the numbers are dropping off rapidly. We could be in store for a negative 'suprise' in the near future, maybe just in time to unwind long December positions and roll into March. We'll see... GZ