|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.72.2106.6"' name=GENERATOR>
</HEAD>
<BODY bgColor=#c0c0c0>
<DIV><SPAN class=530410923-02091998><FONT color=#0000ff face=Arial
size=2>Thanks, Dick. One of our new systems we're just playing with (not
trading yet) but trying to develop a methodology to keep profits and exit at the
right time has a Buy signal. Scary.</FONT></SPAN></DIV>
<DIV><SPAN class=530410923-02091998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV> </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #0000ff solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV class=OutlookMessageHeader><FONT face="Times New Roman"
size=2>-----Original Message-----<BR><B>From:</B>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On
Behalf Of</B> Dick Simmons<BR><B>Sent:</B> Wednesday, September 02, 1998
3:51 PM<BR><B>To:</B> metastock@xxxxxxxxxxxxx<BR><B>Subject:</B> Sydney
Futures Exchange<BR><BR></FONT></DIV>
<DIV><FONT color=#000000 size=2>Hi Guy,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>The info you need is available at 2.30am US
Eastern <U>standard</U> time.</FONT></DIV>
<DIV><FONT color=#000000 size=2>Go to the SFE site at:
<<STRONG>sfe.com.au/presentation/channel6/index.html</STRONG>> and
look up the Share Price Index (SPI) which is the equivalent to your S &
P futures. If nothing happens on the 3rd then watch for the next 2 days.
</FONT></DIV>
<DIV><FONT color=#000000 size=2>I have been taught that the first move after
a capitulation low is a false move 70 - 80% of the time and if that low is
not taken out within 3 days the move down is questionable.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Regards,</FONT></DIV>
<DIV><FONT color=#000000 size=2>Dick.</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><BR> </DIV></FONT>
<DIV><SPAN class=70112506-02091998><FONT color=#0000ff face=Arial
size=2>I'll get up early and check the satellite for what's
happening. Think Bloomberg puts out all those numbers. What
time do I have to get up? I rebel before 5AM PST
<g>.</FONT></SPAN></DIV>
<DIV><SPAN class=70112506-02091998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=70112506-02091998><FONT color=#0000ff face=Arial
size=2>Guy</FONT></SPAN></DIV>
<DIV><SPAN class=70112506-02091998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #0000ff solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV class=OutlookMessageHeader><FONT face="Times New Roman"
size=2>-----Original Message-----<BR><B>From:</B>
owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]<B>On Behalf Of</B> Dick
Simmons<BR><B>Sent:</B> Tuesday, September 01, 1998 8:58
PM<BR><B>To:</B> metastock@xxxxxxxxxxxxx<BR><B>Subject:</B> Re: Is
that support, or what?<BR><BR></FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Hi Guy,</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>You had better get that wallet out and
put it on the table. My estimation is the 3rd September for the next
leg down. Check the All Ords market in Australia for the 3rd when
you get up in the morning. If it has moved down strongly your
markets are likely to follow. If the All Ords doesn't move down
forget what I have just said.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>The following is a snap of the S&P
500 cash in Ganntrader.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Regards,</FONT></DIV>
<DIV><FONT face=Arial size=2>Dick.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2><IMG align=baseline alt="" border=0
hspace=0
src="cid:530410923@xxxxxxxxxxxxx";><BR><BR></DIV></FONT>>Bill<BR>><BR>>Well,
we picked the selling point, just never got off waiting for one of
our<BR>>confirming signals. First major move we've missed
in 16 years. What a time<BR>>to be on the sidelines.
At least we weren't long <G>.<BR>><BR>>Anyway, we were
looking for an interim support today around 998-1000.
Blew<BR>>through that. Our next support is 968. I was
hoping we'd get a 60%<BR>>retracement back up so I could put on
some of these short positions I've<BR>>been carrying around in my
wallet <ggg>.<BR>><BR>>Our target for the DJIA on this
move down was 7200 +/-. At that time, we'd<BR>>sit down and
try to estimate where this might take us. I noticed
Jerry<BR>>Favor had an initial Dow target of 7140 with his
objective being
6000.<BR>><BR>>Regards<BR>><BR>>Guy<BR></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>
Attachment Converted: "c:\eudora\attach\ATT00025.gif"
|