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

To: j g cordes who wrote (16926)	2/28/1999 10:17:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

In the case of markets I think one tends to develop a sense of cause and effect with experience. When markets start to shape in one form or another and the sense of it is familiar then sometimes there is a realization that one "knows" what the outcome should be. Acting on it is quite another thing. Sometimes reading GZ's posts I get the feeling that his pivot points create his entry but his "sense" about the prospects of the trade has a lot of intuitive feel to it. I think there is a balance of both there and if so then it's a good example. To an extent this is the same here, there are only few indicators that suggest that this week will be the week that moves to market out of the range but the gut feel tells me to look for it. It would be nice but I have to say that when push comes to shove it's just a hunch and I would not suggest anyone bet money on it, and for my own part I'll be out quickly if it appears the hunch is a poor one. At this point in time if there is a True Gap down on Monday then I will be taking a shot early, as I will expect such an Open to Close the gap and motor higher.