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

To: Tom Trader who wrote (13844)	1/27/1999 8:55:00 AM
From: Patrick Slevin	Read Replies (2) \| Respond to of 44573

Generally no matter how the morning works out the afternoon should pull back. It does concern me that I am starting to read, just about everywhere, that this is the most seasonally bullish time of year. But, generally speaking, the morning trade "should" be to fade the early move.....probably between 10 and 10:30. The odds appear to suggest that the market will pull back until around 10:15 then go Long until early/mid afternoon. So there are (or should be) two "good" trades. A short in the afternoon and probably a long after the morning pullback. In the second set-up there would be three trades. But the "better" ones would be the two shorts.