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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 (8992)	11/25/1998 9:57:00 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 44573

Scott, Either one of your two scenarios can occur. If the market trades down to the center tine, it should definitely be bought. It could otherwise attempt a reach down to that center tine and not make it all the way and then resume it's rally to newer highs. I kind of suspect the latter to be the case since the market is so strong. BTW, even if the a/d is flat even for the next six market days, I'll only be dropping off a net of about 366 advances, the current number is over 5,000 so there is now room for a decent pull back without challenging the integrity of the a/d long signal. Later... GZ