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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 (21466)	4/20/1999 10:13:00 AM
From: SE	Read Replies (2) \| Respond to of 44573

You know, I really should fork the Nas to see where its support levels are. The spoos should hold here....should being the operative word. It might be a bit goofy this morning, but we should hold. I am doing nothing buy watching and waiting. So far this morning, buying 1300 and selling 1305 or better has been the trade of the day. Wonder if that will continue until things get sorted out..... Bonds are hanging in, not correcting as much as I would like, but they are hanging....at least they are not rocketship up which might be a sign of smart money moving to safety...... EDIT PS - Based on some new analysis I am working with from the book Chip recommended, it does appear the trend change has taken place on the spoos and the near term trend will be higher. Not sure I have this down quite yet, but that is my read and supports the forks holding in here.