Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kevin who wrote (16475)	2/23/1999 10:53:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Positionally I think the weekly High probably won't hit until Thursday, maybe Friday morning. I have Friday very weak. Tomorrow, I like it bottoming around 10:30 then up into mid-day with a good day trade sell there. Trading above SPX 1272 should be a piece of cake, but I don't think it will close that high. Certainly I think the afternoon Sell can be fairly lucrative even if it does Close above 1272. This of course would mean that the morning Buy may just take us to new SPX highs. I've been positionally Long since 1241 and daytrading Long as well. But I may take off the Positional Long mid-day if I think the Sell has merit. Best guess is that I can slap it back on Thursday AM or Friday late. Same Snake Oil as usual. It really fools the rubes. I'm also Long on Globex at the moment.... a sort of "night-trade", looking for a spike to sell into. You know how it is, 964 channels and nothing is on. By the way, if Ground Zero is reading that Gene Hackman movie "Quick and the Dead" is on. I'm watching the Sopranos. Trying to learn something about Newark. No luck as yet.