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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 (10416)12/16/1998 8:13:00 AM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
I've heard Dave Plonk, one of the resident E-Wave experts, is bullish to 1196. The E-Wave guys I read have 95 as around the high end; but they change their reads every few hours, it seems.

I don't look at my (your) A/D numbers more than once a day but last I looked (yesterday, mid-day, I use NYSE data) the number was over negative 5K and that seems like a reach to bring back positive in a week. But I haven't looked closely and I'm stepping out in a second.

The overnight Globex action is less bullish than I thought it would be and Europe is up, as I recall. I don't know what to make of this, I thought the markets would be taking this higher last night.

Well I have to run....I just don't know if this apparent lack of enthusiasm is positive for today's action or not.



To: GROUND ZERO™ who wrote (10416)12/16/1998 8:20:00 AM
From: Jerry Olson  Read Replies (3) | Respond to of 44573
 
Hi GZ

so do you think because of the market's discounting of the impeachment...we should exit our short trades???

i'm thinking that way...and may re-enter next week...