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Adam,
I would agree. Too much congestion here and you're likely to get whipsawed
to death. Lateral market moves won't make you much profit. My indicators are
telling me to look for a buying op. at this point. Now, maybe I missed it
but would like to know what you're using for indicators. I'm use Gann HiLo
and Zero Lag MA from guppy along with CCI and RVI.
J.
>From: "Adam Hefner" <vonhef@xxxxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: <metastock@xxxxxxxxxxxxx>
>Subject: (Market) Jul Corn
>Date: Wed, 19 Apr 2000 17:34:47 -0500
>
>
>Since corn has reversed back up and remaining in the congestion area I will
>exit the corn sell signal tomorrow with a MIT
>at 235.1 (provided that is hit before my buy stop at 239.5). Not sure this
>is the best way to handle it but if my MIT is hit
>I will take a little .05 cent loss, if my stop is hit..a 5 cent loss.
>Comments anyone?
> Adam
>
>
>
>
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