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

To: SE who wrote (13935)	1/27/1999 8:27:00 PM
From: F Robert Simms	Read Replies (1) \| Respond to of 44573

My two of my three nets were long on today's close. Now one of the longs is going out of the market and the other is going short. Result 2 short and one out of the market on tomorrow's close. Going down. Watch your hands. Best Wishes, Bob

To: SE who wrote (13935)	1/28/1999 6:32:00 AM
From: GROUND ZERO™	Respond to of 44573

Scott, Yeah, thanks for the heads up, I'm aware of it and that's a longer term fork and not easily tradable, and with the a/d under water, there's pressure on the market to move lower in line with that fork pattern. The near term trading fork is still positive and I'm going with it until it fails. When it does, then the trading fork will be in compliance with the longer term patterns. Heck, this could happen any time...or we could recover today.....so my stops will be in at 31 to avoid a loss on my positions. Then, I may be looking for a short position..... Later..... GZ