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

To: Patrick Slevin who wrote (13109)	1/19/1999 11:11:00 AM
From: SE	Read Replies (2) \| Respond to of 44573

I would think the signal to get long should be coming shortly. There is a nice bullish short term TICK divergence. If these levels don't hold and bounce, it could get real ugly. If TICK gets to -400 maybe -350 from its current level of -580, I would feel a lot more comfortable about thinking the bottom is now in place. EDIT - Banks went buy side for me earlier this morning, however, if things don't turn in a hurry, they will whip back to sell side. Everything else still looking good....except the price action. Moved my stop to a breakeven stop once we achieved 10 points plus on the trade. REEDIT - Just got stopped out at 44.50.