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


To: Chip McVickar who wrote (20676)4/9/1999 4:10:00 PM
From: SE  Respond to of 44573
 
TICK is moderately helpful and the trend in the TICK is more important than the levels. I was thinking the level of the TICK at the time of the post was high relative to where it had been and I expected that it might pullback given the high TIKI reading and the spike in volume.

I was partially right in that we did not trade a lot higher than the time of my posting...however, we did not trade lower either, so it pretty much turned out to be a non-event...and my expecation of lower was not met.

However, The TEAM, OJSE is short for the weekend. Let that be a warning to all you longs!