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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 (15654)2/17/1999 9:31:00 AM
From: Arik T.G.  Respond to of 44573
 
Tom,

I hope that the whipsaws are over.
Here's my opinion for a day trade today:
If on the morning sell off the SPX takes yesterday's low (1230), then IMO the bounce up should be sold not later then 90 minutes from its inception, and that short should be held for the most (if not whole) of the day.
Then the next bounce up should also be sold in less then 90 minutes, but one should be nimble on the close of this second short.

ATG


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