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Yes, a future short at the right level is an option..
-Neal.
At 09:09 PM 2/8/2001 -0800, you wrote:
>I don't notice any Konfluence, I could be wrong. I didn't consider a stretch
>play either. I am thinking since the market has had a negative tone lately
>and EMLX is in a downtrend on a daily, Weekly is in a downtrend, that this
>would be a short candidate. The only hesitation I have is the first 3/8
>level of support. How strong is it, should it be traded against etc.. I'm
>also concerned whether I have my A B C's in the correct places. If so then
>we have agreetment at the 5/8s.
>
>This one has me somewhat perplexed ( I know not so difficult), everyones
>thoughts are appreciated.
>
>Thanks,
>
>Ron
>
>-----Original Message-----
>From: Neal Hughes [mailto:neal@xxxxxxxxxxxxx]
>Sent: Thursday, February 08, 2001 7:32 PM
>To: dlevels@xxxxxxxxxxxxxxx
>Subject: [dlevels] EMLX, Ron..
>
>
>
>Ron, you called about EMLX..
>
>What are your thoughts?
>
>Is there Confluence support anywhere nearby?
>Daily chart is a Oscillator-Predictor oversold, so
>if there is Fib support, could be a Stretch?
>
>Is that what you had in mind?
>
>-Neal.
>
>
>---
>DiNapoli Fibonacci techniques -
>http://www.fibtrader.com
>
>
>
>
>
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---
DiNapoli Fibonacci techniques -
http://www.fibtrader.com
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