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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 (14743)2/4/1999 12:45:00 PM
From: Clay M  Respond to of 44573
 
It seems to me that if it is going to break the 51 low it will do it later this afternoon after the 2PM period which often sees a push up. Also, I think the boyz will want to take out as many stops on the shorts before they let it drop.



To: Tom Trader who wrote (14743)2/4/1999 1:06:00 PM
From: SE  Read Replies (2) | Respond to of 44573
 
Tom,

I am getting some preliminary indications that a buy is on the way. It might not work out that way, but that is what I am beginning to see.

I was tired of having winners turn into small losers so I took my short off the table. Should have done so when I first mentioned the divergence earlier, but nonetheless, no loss on it. At this point I am looking to re-short unless the long signals get a lot stronger.

-scott


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