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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 (12509)1/12/1999 7:56:00 AM
From: F Robert Simms  Respond to of 44573
 
My neural nets are going short on today's close. These signals are for only one day at at time. Sometimes they will whipsaw on sidways motion, but with the way the stocks look I would be careful. The way I trade these signals is to short all rallies.

Best Wishes,

Bob

EDIT: This is option expiration weekand the market usually goes up, but there are a lot of calls out there.



To: GROUND ZERO™ who wrote (12509)1/12/1999 9:23:00 AM
From: Jerry Olson  Read Replies (2) | Respond to of 44573
 
Morning GZ & ALL

i looked at the SPX this am...it hit my target of 1255 right on the nose..next support 1235, and the bottom is 1220...

all this BEFORE I get a sell signal..1215 would be a double bottom break...

and the 6 box reversal col. of O's to 1255 was exactly 50% retrace of the upside advance...

I see serious support at 9450 on the DOW, as the "buy the dippers" will coming with a vengence...

so about 170 DOW points would be the near term bottom..

at 1255 today 20 points down would be 1235 or 170++ DOW...i will buy this number no matter what, for the run into opp exp...