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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 (9301)	12/2/1998 4:15:00 PM
From: nicewatch	Read Replies (2) \| Respond to of 44573

Scott, Yes... today was an inside day. Here's a brief explanation FWIW: Message 6502902 I am busy with school work and won't be able to post updated charts until this weekend. later Regards, Frank

To: SE who wrote (9301)	12/3/1998 1:00:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 44573

Scott, An inside day generally indicates the market is trying to turn. It would be more reliable if it occurs after a lengthy run up or down. But still, I'm about 3100 positive on the a/d and if we resume the rally in the next couple of days, we may just be witnessing a nine week cycle low. If we resume lower after this consolidation, then we're going lower and I'll be booking my trade from the long side. Did you notice how prices touched that upper tine and turned down? I'm always amazed. Today seems easier to get into SI, I've been having a heck of a time. Later... GZ