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

To: SE who wrote (17764)	3/5/1999 11:50:00 AM
From: doug-e-mini	Read Replies (1) \| Respond to of 44573

Scoot, Put up a 5 min spoos chart with a 40 period arithmetic ma. Make note if it holds or not. Worked pretty well yesterday.

To: SE who wrote (17764)	3/5/1999 11:57:00 AM
From: Clay M	Read Replies (2) \| Respond to of 44573

Yesterday the tip off for the decline came when the TRIN went above .65 about 1:20. If TRIN stays around .5 today, I doubt you'll see much of a drop.

To: SE who wrote (17764)	3/5/1999 12:31:00 PM
From: coug	Read Replies (1) \| Respond to of 44573

No Scott, The market internals looked too strong for the initial short play.. then I didn't get the sharp reversal.. Sitting it out for my later in the day play.. which will be looking to short.. Still expecting a run to the high.. There is money to be made in this market environment but you have to be very patience and wait for that perfect setup.. I'm getting this timing thing down a lot better.. but I'm being very careful and playing what I think are the very lowest risk plays.. good luck , didn't answer sooner because had to run to town..