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[RT] Re: position trading for futures/sp500



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NYMCO on 8/20/97 was:   -27.62

Chas
-----Original Message-----
From: Phil Lane <patterntrader@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx> <realtraders@xxxxxxxxxxxxxxx>
Cc: he96@xxxxxxxxxxxxxx <he96@xxxxxxxxxxxxxx>
Date: Friday, January 07, 2000 3:50 PM
Subject: [RT] Re: position trading for futures/sp500


>it was one of the most powerful days ever, huge positive volume and
breadth,
>etc! Amazingly misleading second day off a low, as far as follow-through
>buying action. Unfortunately I don't know about the McClellan oscillator at
>the time.
>
>Don't get me wrong, I like today's rally as much as the next guy!! But I
>think we can attribute it to the key reversals on Wednesday. That sort of
>thing usually marks the lows.
>
>regards,
>Phil
>http://www.patterntrader.com
>free trial upon request
>
>----- Original Message -----
>From: <Proffittak@xxxxxxx>
>To: <realtraders@xxxxxxxxxxxxxxx>
>Cc: <realtraders@xxxxxxxxxxxxxxx>
>Sent: Friday, January 07, 2000 12:00 PM
>Subject: [RT] Re: position trading for futures/sp500
>
>
>> In a message dated 1/7/00 2:04:02 PM Eastern Standard Time,
>> patterntrader@xxxxxxxxxx writes:
>>
>> << false 2nd day follow -thru example: 8/20/97
>>  had a better one around here somewhere (I experienced it personally). It
>was
>>  a couple years ago. >>
>> was Mccluullen osc above 50 on second day?
>> and ad line this strong?
>>
>>
>>
>
>