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Re: Tick-Tock, Tick-Tock!



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steve

whoops ! sorry there - the site is called Traders Tool box

go here   _______>  http://frontpage.dallas.net/~markp/

fletch

Steve Karnish wrote:

> Dan,
>
> After talking to you on the phone for a couple hours, I thought
> you were my buddy.  Now, you have to prove to everyone that I
> can't  count calendar days.  I'm such a dolt.  Assuming the top
> was the 17th (I guess if one is an equity trader, than the 17th
> MUST be the top), let me add these up in public:
>
> 14 days in July
> 31 days in August
> 30 days in September
>  5 days in October
> ------------------
> 55 yes sir!  Sorry about my mistake.
>
> I apologize.  First I'll call my data provider and tell them
> that the top they posted in the S&P 500 September contract ,on
> July the 20, MUST be a mistake.  Second, I'll call the Princeton
> Economic Institute and tell them that this astute investor in
> Idaho says that 55 days from July 17th, his personal choice of
> tops, does not fall in the third week of September, it's
> actually in the first week of October.  Then, I'll call all
> those people I've put on ready alert for our second round of put
> buying and tell them that a MetaStock user pointed out that
> since MetaStock excludes non trading days in their charts, that
> we need to keep our powder dry for an additional couple weeks.
>
> Let me ask you a personal question Dan?  Have you ever figured
> out why the fib numbers don't work when the lines are spread out
> over 21, 34, 55, 89?  Do they seem to be out of synch by x
> number of days and does that tend to stretch out even farther as
> time goes by?  I'll let you figure out why that is.  While
> you're doing that, I'll just crawl back into my "Idahole" and
> practice my arithmetic.
>
> Gee Dan, I feel so stupid,
>
> Steve Karnish
> CCT
> ----------
> > From: D.Henderson <hende@xxxxxxxxxxxxxxx>
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Tick-Tock, Tick-Tock!
> > Date: Saturday, September 05, 1998 3:56 PM
> >
> > Steve;
> >
> > Please forgive me!
> >
> > But after looking up the CME holiday schedule, won't 55 days
> work out to
> > Monday, Oct 05, 1998  [based on the DJI high of July 17] ????
> >
> > Dan H
> >
> >
> -----------------------------------------------------------------
> --------------
> >
> > At 05:47 PM 9/4/98 -0700, you wrote:
> > >Guy,
> > >
> > >I was watching "Mr. Rogers" on PBS this morning and he said:
> > >"Kids, can you spell: D I S S E M E N A T I O N "?
> > >
> > >snip, snip
> > >
> > >His ancient relative, Leonardo, will break your heart (and
> > >steal your wallet) in 55 days (from the highs).   Tick, tick,
> > >tick, tick, tick, on our way to 55 and counting.
> > >
> > >Steve Karnish
> > >CCT
> > >----------