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

To: doug-e-mini who wrote (17837)	3/5/1999 3:18:00 PM
From: SE	Respond to of 44573

I knew if it broke 120'15 it would go to 120'00. Once it got there it should have bounced and it did. The actual upside target now, short term is 120'13, but since it was so close at the close I probably would have been happy and exited. Heck the minibond is not at 120'10 and they don't close till either 3:00 or 3:15 cst..... Well, knowing what it will do and trading it are two different things, but at least one half of the battle appears to be coming along nicely..... Oh yeah...presuming it hits 120'13, it should then tank much lower based on my read. I will have to update that aspect of it after it reverses course, but as of right now it is a sell at 120'13. I will look at it after it opens in the am to figure out where it is going from there......