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

To: Jerry Olson who wrote (15762)	2/17/1999 7:42:00 PM
From: nicewatch	Read Replies (1) \| Respond to of 44573

OJ and ALL: Updated SPX, SPH, and TYX charts at geocities.com As always, feel free to comment or throw stones. FWIW, talk to you later Regards, Frank

To: Jerry Olson who wrote (15762)	2/17/1999 8:03:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Hello Jerry, I hope that your journey to the Islands left some memories that can keep your >>smiles<< coming long into the spring. Those French Islands have a way of smoothing out the wrinkles, especially in the psyche...... The P&F signals posted in your absense have been very accurate. That system has something going on. Yes, Today was one of the most spectacular days since I started out trying to crack these Index vehicles with pitchforks and interday trading signals. The signals were there, the market cooperated and I was smart enough not to fight what they presented. #There was a 9:45 t-proj-3day at 1233 which I jumped on for 2 and sold at 1242 right after the gap was filled. #Went long for 1 at 1237 off a Lower tine bounce and bought another at 1243 off a Middle tine bounce and sold both 1245....3 points off the days High. #1245 is a major M-tine I've talked about for weeks....Went short at 1245 for 2 when the market failed to hold onto that midtine. There were also interday t-proj's at 12:25-30 and 12:50-55 which failed to reverse the markets decline....I watched the A/D all afternoon and other signals that kept me in those positions throughout the decline. #Came close to selling at 3:00....but waited for an interday t-projection at 3:10-15 which failed to reverse the market. I sold 1 at 1221 near the close and will hold the 2nd short as a position trade with a stop at 1240. #BTW...I hold other similar positioned shorts from 1275 and 1270 This was a spectacular day for my trading methods + 52 points Please Excuse the Bragging....but it's the best I've done to date. I am very very pleased....and excited. NOTE: 1214-1215 SPX are very important marks...this is the lower tine that has contained this market for the last few weeks off the 1/4 Fork. Break those numbers and 1166 is waiting and the lower tine of GZ's Sept/Oct Fork Chip