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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 (24507)5/30/1999 1:22:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 44573
 
Pat, What are your patterns whispering to you? I actually got some time this weekend and was looking over my stuff and show we are a critical juncture here. I have us repeating numerous possible patterns which lead to 2 possible scenarios. One we base here briefly and make a new high in the next month or so then plunge downward to a new low 6-8 weeks after the new top. The other says we drop to 1255 by the end of this coming week.

I can't seem to find the qualifier that seperates the two and am curious if you think we are headed up the rest of the week or are biased down. My stuff says if we breech 1275 the other 20 down are a gimme.

Just thought I would see what was up other than the black helos.

Good Luck,

Lee