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


To: Jerry Olson who wrote (12529)1/12/1999 1:35:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 44573
 
well
that dude said that all the big boyz already knew this

but I have to wonder if all of them did because what we saw yesterday in my mind was related to an earnings run up

So now that we have more days the momo may weaken a bit...

I will wait it out and see how it flys since I am out of the jans



To: Jerry Olson who wrote (12529)1/12/1999 2:51:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
It's Possible that we have seen the lows for the day

Market spx bounced at 1:45 off a middle tine and near 2 lower tines
of larger forks at 1240-43spx
And it has been sustained upwards

I opened 2 long at 2:00 -- 1245 with break even stops....
Could see 1250-51 - 1256 - at most 1260 with this bounce
Should be pauses at each of these...

NO Time projetions with strength

Lets see what happens