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

To: GROUND ZERO™ who wrote (16811)	2/26/1999 1:58:00 PM
From: doug-e-mini	Read Replies (2) \| Respond to of 44573

I'm wondering if todays low was just a retest of yesterdays low, setting up a W bottom. I guess a move above 50.00 would confirm the idea.

To: GROUND ZERO™ who wrote (16811)	2/26/1999 2:15:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

GZ I'm short here [paper] from 1236.14 spx I believe we will test the days lows

To: GROUND ZERO™ who wrote (16811)	2/26/1999 3:56:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

You know, I really do not think a break would mean squat. The play has to be Long and Strong. But that's me, I'm as easily swayed as the next person. If the market had broke this afternoon I would still have been looking for the Long entry. Then again, my interpretation has no basis in sense that a trader of your posture would have. What you would look at and what I would look at have no relationship. Anyway, I am happy your system seems to be roughly Long even now as I am starting to posture myself North Bound. I cannot say however, that a Break will not figure in on Monday. But at this point in time I would be happy to buy such a break and quite happy to entertain you at some fancy schmacy NYC restaurant in NYC once we get rich from the likely rally off it. This next one is the big one, I'm so tempted to retire that I can taste it.