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

To: Tom Trader who wrote (9386)12/3/1998 1:38:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Tom,

GZ was at the beach the other day....is it that warm where you live?

:)

Based on the -28 TIKI and -600+ TICK I expect a short term bottom in place here. However, today my thoughts on the market direction have not come to pass but once, so who knows.....

-Scott




To: Tom Trader who wrote (9386)12/4/1998 2:37:00 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 44573
 
Tom,

Hi, just checked in...I think today will mark the turning point. The first level of support should be just below these levels right at the center tine of the current fork. The upper tine stopped the market dead in it's tracks. The center tine should provide some real buying. Still, I think an inside day today is highly suggestive of a turnaround right here.

Did you get long the bonds? I'm still long a bunch.

Later...

GZ


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