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Sorry but i don't have file attachments on any of the E mails you sent out
earlier today.
Also I cant get into the new Yahoo room. plz help.
-----Original Message-----
From: Neal Hughes [mailto:neal@xxxxxxxxxxxxx]
Sent: Thursday, February 15, 2001 2:13 PM
To: dlevels@xxxxxxxxxxxxxxx
Subject: Re: [dlevels] Ok... Some charts.. Summary.
At 04:38 PM 2/15/2001 -0500, you wrote:
>Thanks, Neal. These were interesting charts that perhaps raised more
>questions, specific to each one. Were these trades you took?
No! I have to be careful about trades I took or will take.
>These are
>very educational; however, I guess what would be interesting to me, and
>what I try to do on a post is to put in a chart that I think is setting up
>TODAY or in the next, coming, day for an upcoming trade, to put it out
there
>for discussion and comparison and dialogue before or during the trade,
Yes! That's great.. Also a good way to learn..
>but
>Nasdaq Rules specifically prohibit RetroTrades (darn it). I can find all
>sorts of neat dlevel trades after the fact. Recognizing them as they are
>setting up is a different story.
It's not a different story. If you know what you're looking for, it's
not a different story. Look at "past charts" enough, until you know
what it will look like in real-time.
> I'm certainly not asking you to guide
>trades here; we all have the responsibility to post charts and put
ourselves
>on the line, which I am committed to do myself (snow level permitting).
>What I am asking is that we all put charts up before or during the setups
>and then that perhaps you or others would comment, "no, not enough thrust,"
>"yeah, looks like a DRPO to me," "where exactly is the Confluence you are
>talking about," etc.
I can ask some pertinent questions, but I am not supposed
to approve or disapprove of a trade in real-time.. Unfortunately
our government puts restrictions on me. I'll expound on this
if you need me to.
>>> The criteria for example for a B & B create very few trades, let
That part is not true, I should know.
>alone a genuine DRPO. Maybe the idea is to take only very few, highly
>cherry picked trades in this system? If so, that means far fewer trades
>than I am taking, and probably longer time in the trades. This is still
the
>question about the degree to which daytrading is compatible with the dlevel
>approach.
There are even more trades intraday! Somewhat less reliable, but many
of them..
-Neal.
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