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Futures Market - Energy Highlight #3 "ALMANAC V" trading system signals long entry in crude oil 1 day after lowest price of 11 years - sharp $4.35 per barrel, 4 day rally ensues. (COMMENT # 440)
UPDATED 19980615 COMMENT 1998-440 1. Large gap openings are due in several markets this morning. 2. The "ALMANAC V" trading system on page 256 of "The 1998 $upertrader's Almanac - 1st Half Edition" is ideal for this situation. 3. Apply it to the markets we've been favoring of late and which experience such gaps this morning. 4. The protective stop should be quite close if these orders are filled.
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