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Looked like good old-fashioned stop busting of the morning's highs in both
SP contracts ....
----- Original Message -----
From: charles meyer <chmeyer@xxxxxxxx>
To: REAL TRADERS <realtraders@xxxxxxxxxxxx>
Sent: Friday, 18 June 1999 13:46 PM
Subject: MKT: TIME OF DAY
> Group:
>
> The indexes have recorded a new high around 12:15 CST. This
> is often forbodes increased volatility and range expansion for
> the balance of the trading day. The rule states that if the indexes
> back down and hold near these levels--look for a strong close.
> Alternatively, if the indexes break lower without any consolidation--
> look for a choppy to lower close.
>
> Chas
>
>
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