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

To: John Meade who wrote (24259)	5/26/1999 9:25:00 AM
From: Jimsy	Read Replies (1) \| Respond to of 44573

Dow futures, NAS futures, S&P futures indicate up open for stocks, so in reality the buyers have to come into the market buy up the stocks to bring the indexes in line with the open. I watch this mismatch at the open together with ad/dec, TICK and TRIN, because if these start off right and turn around indicating the stocks aren't coming up, then the futures have to fall, then I short the mini. After 2 down days, we could have a bounce, but GDP, and job claims tomorrow, and buyers could be in a cautious mood after these 2 down days. DOW could easily head to 10,000 looking at the charts for support, as the DOW has held up better than the S&P futures.