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


To: coug who wrote (10445)12/16/1998 10:21:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
It's too hard for me to watch the positional to take it off and the short term to put one on so I closed the Dow position and went flat.

Small profit, 18 points.



To: coug who wrote (10445)12/16/1998 10:22:00 AM
From: SE  Respond to of 44573
 
coug,

I got a fork formed from the high on 12/8 the low on 12/14. The mid point of those two with the line drawn from the open on the 23rd or the close on the 20th, either way......this fork's middle tine was at 1166+ basis SPX this morning. Bingo....repel city. The lower tine is at 1139 right now. Looks like an active one.....let's see how it continues to work...

-scott