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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 (14901)	2/5/1999 3:02:00 PM
From: doug-e-mini	Read Replies (1) \| Respond to of 44573

The time could be now. There's a nice stoch. divergence on the 2 min

To: SE who wrote (14901)	2/5/1999 3:14:00 PM
From: Brian Hornby	Read Replies (2) \| Respond to of 44573

Scott et al., I don't see anything here that indicates a correction about to happen. The futures are successfully testing and holding support levels, both traditional and in a pitchfork manner, and I see no earth shaking news to warrant a big sell off. Also rates were held and there is no move to tighten on the fed, and next week should see the end of the Clinton matter. And so I see nothing more than normal profit taking and we should move up up and away to 1340 or so (as GZ is now short someone has to hold the bull flag!). I bought some XLK (tech spider) shares today near the lows, but otherwise waiting for a little more clear direction before jumping in the futures (I am not THAT sure we will go up!). Also I want to get my neural net system working before I trade the SP.