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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 (12250)	1/9/1999 12:21:00 PM
From: jjs_ynot	Read Replies (1) \| Respond to of 44573

GZ, Doing great. Keeping quite busy defending the free world. <GGG> None of this miserable snow in FLA. Basis for opinion: 60 minute stochastics just broke through the 80 level from above: iqc.com and the 5 day TRIN just dropped to 4. Each of these indicators have given me about an 80 percent indication of a decent downturn within 2 days. Of course you could expect one out of two days to be down anyway. However, these usually give a decent sized move at least intraday. I am planning to try to use this as an entry point if it occurs. My intermediate and longer term stuff is all up as is yours. There just appears to be an increasing probability of a pause of some magnitude. Best wishes to you and yours. Dave