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

To: Gary E who wrote (20207)	4/5/1999 3:40:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

<< A break of -400 or so will confirm your short. >> Do you mean going lower from the -400 ? Yes, lower than -400, or a break of -400. When I posted TICK was at about -150 or so if I recall. <<A bounce off the 50 ma will negate it.....>> By bounce ,,,do you mean an up bounce ? Yes again, when I posted it was above the 50 period ma and coming down to it. A bounce off the 50 period ma would have indicated the TICK was probably going to go higher. If that is the case, so would the SPOO. PS,,,Should of SARed that sell. I am not so sure about that, but maybe. WAtch the 50 it will tell you which way it is going. A break above it to about -220 or so and we are going up....otherwise, back down.