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


To: Patrick Slevin who wrote (18158)3/10/1999 11:45:00 AM
From: coug  Read Replies (1) | Respond to of 44573
 
Pat,

Maybe I'm wrong about this but the old rule of "4s" is if it fails
the 4th time.. it heads the other way.. Critical point here IMO..

I'm still looking down.. Been for the last couple days..



To: Patrick Slevin who wrote (18158)3/10/1999 12:11:00 PM
From: Jerry Olson  Read Replies (3) | Respond to of 44573
 
Looks like we're watching paint dry guys...

i think because they're rolling over to the June S&P's today and tomr. we should see some weakness..but the markets going higher from here...

any real selling would take us down to 9450ish which would fill the gap...at around 1250ish or so...no biggie...lots of bearishness out there...it's a very good sign..

also the bulls moved lower to 49.1% bears up to 32.5 correction 18.4

bullish to me...

one caveat for my P&F stuff is if we break below 9450...that would constitute a potential move to 8650...fast!!!!



To: Patrick Slevin who wrote (18158)3/10/1999 4:58:00 PM
From: Teresa Lo  Read Replies (1) | Respond to of 44573
 
Today was quite rangebound, after a day like yesterday, and it was essentially trendless, sort of just creeping up...it was a boring day and hopefully, tomorrow will be more fun. It will be interesting to see a test of the highs.