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Re: Finally a Signal!



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Guy,
     I get 1057 for the top of the S&P Short Term Down Trend Channel
(that's close enough <G>), but really question if it will hold
considering that we are bouncing off the bottom of a much longer term
up trend channel.  I We should know soon.

Jim
-----Original Message-----
From: Guy Tann <grtann@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Wednesday, September 16, 1998 12:08 AM
Subject: RE: Finally a Signal!


>Jim
>
>I was just so excited to get a signal, any signal <G>.
>
>Haven't downloaded my numbers yet.  Trying a new service (Prophet) on
their
>31 day free trial.  First day, only got about half my futures.  Some
of the
>symbols changed.  Went back and corrected them and then tried again.
Still
>didn't download.
>
>Guess I'll contact tech support.
>
>The top of my trendline was 1054 for the S&P.  Maybe it went through
that
>number.  Will check after the download.
>
>Guy
>
>
>> -----Original Message-----
>> From: owner-metastock@xxxxxxxxxxxxx
>> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
>> Sent: Tuesday, September 15, 1998 3:05 PM
>> To: metastock@xxxxxxxxxxxxx
>> Subject: Re: Finally a Signal!
>>
>>
>> Guy,
>>      Good luck on your short.  I just got through looking at the
DJIA
>> and don't believe it's going to turn here.  It now looks to me like
>> the congestion in the 8500-8600 range could be the top of the
trading
>> channel.  Of course I've been wrong before and will.....<G>.
>>
>> Jim
>> -----Original Message-----
>> From: Guy Tann <grtann@xxxxxxxxxxx>
>> To: Metastock <metastock@xxxxxxxxxxxxx>
>> Date: Tuesday, September 15, 1998 12:26 AM
>> Subject: Finally a Signal!
>>
>>
>> >Jim, Steve, et al
>> >
>> >Well, we finally have a confirmation.  Will be shorting either
>> tonight or
>> >market on the open, depending upon how I feel <G>.
>> >
>> >We've been out of the market so long, I probably forgot how.
>> >
>> >After looking at my chart, our potential high on this move up is
1053
>> for
>> >the S&P futures (still Sep in the Continuous data feed).  It hit
>> 1041.5
>> >today on its high. Pretty close.  Maybe we'll get a bounce on the
>> open.
>> >Anyway, we're short, or will soon be.  Remember, 1 chance in 4 of
>> being
>> >wrong <g>.
>> >
>> >Regards
>> >
>> >Guy
>> >
>>
>>
>>
>