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Re: Finally a Signal!



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Guy Tann wrote:
> 
> Jim
> 
> What scares me is the fact that all the press is getting bearish, like
> Barons, et al.  What are the odds of these guys being right?  Now I'm
> starting to worry.
> 
> Guy
> 
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
> > Sent: Wednesday, September 16, 1998 2:36 PM
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: Finally a Signal!
> >
> >
> > 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
> > >> >
Barron's is always bearish.  When Alan Abelson gets bullish, THEN it
will be safe to bet the farm.

Al Taglavore