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

To: Doo who wrote (10534)12/17/1998 1:25:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
If it converges, it will be the long side. I have not looked at the short side on a convergence at all. Always seems to be up.

If it happens, 1195 is in the cards. Unreal.



To: Doo who wrote (10534)12/17/1998 1:33:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I think you have to look at the pattern of the day, which is somewhat bullish despite this sideways action.

So I'm thinking it's a long trade.

Oddly enough, if it stays sideways the 3 points should converge probably about 2 o'clock.


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