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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 (13202)1/20/1999 8:54:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
After the prerequisite pull back I have two possible scenarios.

One is moving higher all day and the other peaks in early afternoon. So I think I shall be long for the day trade but cautious beginning at One Eastern.

I also intend to Sell the market early for a very fast trade if the gap is substantial enough....anything higher than 62 would be considered a valid gap to me.

More worrisome to me is the thought that the weekly High will be seen either today or tomorrow early and my Net models are getting more and more bullish by the day. I'm not adding to that position, however, at this point in time.