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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 (8775)11/19/1998 9:02:00 AM
From: SE  Read Replies (2) | Respond to of 44573
 
I was kinda thinking if it doesn't get above 60, then it is a short. Under this scenario I would expect the chart to read... a run at 60 and a three to four point pullback and then a bounce up about two points which fails. Short on the way down once it drops below the first pullback point. Now if this pattern does not play out, and the pricing might be off, it might only get to 58 and pull back, or they might run some stops and take it to 63 or something, but....if this pattern does not play out, then I think your 1180 might be in store. Not sure what I am going to do today if anything.

I have a major headache and already can tell I am off my game. I spent 20 minutes at home last night updating my fork's only to leave the chart at home this am. In fact, I don't want to go into today without it so I am going to run and get it and reverify my numbers, although I think my memory is pretty good on them and that is about right. When I get back if I can provide better numbers from the forks I will attempt to do so.

Yeah, Jeff is kinda that way, if you know what I mean. I recall he and I were on about the same posting pace over a year ago now and he said he had to cut back on his posting....something about his wife, well, never mind that part. Anyway, his posting pace has increased since then, dramatically. I guess chasing down hypsters is a full time job.