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


To: GROUND ZERO™ who wrote (8948)11/23/1998 6:35:00 PM
From: scanshift  Respond to of 44573
 
It was certainly an easy range extension in the S&P 500 futures today. Looking at the Range Extension Rectangles throughout the session, the spokes just kept getting more positive and the advances/declines ratio held real positive. This was only the fifth day since October 8th that we had a range greater than the average of the last 30 day intraday ranges (my definition of normal). Check out the closing screen shots at www.scanshift.com, click on daily screen shots, then click on today's date to the see the 30 minute shots.



To: GROUND ZERO™ who wrote (8948)11/24/1998 7:48:00 AM
From: robert b furman  Read Replies (1) | Respond to of 44573
 
Hi GZ Thanks for the open door on questions.
I have greatly enjoyed lurking this new thread.
Do you have a company/broker that you recommend for setting up a commodities account with?

Hope you are right on runaway equities market, my account had its first 8% plus day in a looooong time.

This market must be driven by a lot of money it is way too fast way too far up.Makes me edgy and perks my ears up , as I want to be sure and hear when the music stops playing.Speaking of that , it looks like the upper tine of your pitchfork is about to be intersected by the price line.Let's hope the two of them can get along and go up together.Would an explosive rise above make you suspect of the top being put in?

Thanks for all the help. I am looking forward to making that first S&P position(still way off in the future).What do you trade the cash,the options ,or the futures? enough questions but thanks again

Bob