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

To: Stoctrash who wrote (17944)3/8/1999 3:21:00 PM
From: SE  Respond to of 44573
 
I wish I had a solid answer for you...but I don't. Today is a very narrow range considering the action of late. I doubt we seen 1264 today, FRI's lows. On the other hand, I just cannot see us running to new highs quite yet either. Too many people will expect the gap to be filled and will sell into the rallies. The longer it takes to fill it, the less likely it is filled I would suspect.

It has to be filled, or OJ and I are dead meat.



To: Stoctrash who wrote (17944)3/8/1999 3:23:00 PM
From: Patrick Slevin  Read Replies (3) | Respond to of 44573
 
Were I tossing then I would have taken a Long at 1276. But the pattern still looks lower into the Close.

Greenspan comments probably were the reason for the spike. I traded not at all because it looked like tomorrow would be easier to tell the truth. But I believe your Short is fine through the balance of the day, if that's any consolation or help.


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