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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 (13353)1/22/1999 8:00:00 AM
From: Brian Hornby  Read Replies (1) | Respond to of 44573
 
GZ,

I got out at a profit, then went back in when I thought it was going to bounce off 45 support. I should learn to be more patient. Now I am wondering to get out before the open, or hope for a bounce. Trend seems certainly to have reversed for now. I was hoping IBM earnings would swing the market, but if 3d world panic sets in...

edit - futures sitting at 1228 support right now, if this breaks we have the retest of last Thursdays low.



To: GROUND ZERO™ who wrote (13353)1/22/1999 9:18:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
GZ - and everyone

I've got a time projection for 10:30am this morning for the DJIA
It's m-tine is off High 1/11 --- spread from 1/14 low to 1/20 high
That middle tine is pointing down to 8950
The upper tine has carried the market over the last 2 days

We are at a lower tine from another fork off 1/13 low --
Spread from 1/13 high to 1/14 low
Market is right on lower tine.

Here's a chart
iqc.com
.
Good Luck
Chip

I'm still short [on paper]


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