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Jim
My channel is so wide, both our theories can probably fit, as well as the
Titanic. With a range of almost 150 S&P points, we're talking about a 1350
point range for the DJIA.
Since I lost all of my old graphs by changing data providers, and can't seem
to access my old ones, even by making a copy of the data, I'll have to play
with putting in my support lines again. Wish I could remember what I did
<G>.
Guy
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
> Sent: Friday, September 18, 1998 2:05 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Finally a Signal!
>
>
> Guy,
> I sure agree on those idiots in Washington. I'm going to look at
> my charts tonight, but believe that the horizontal trading channel
> theory is still good. The bottom of the channel is well defined, but
> the top is floating a little <G>.
>
> Jim
> -----Original Message-----
> From: Guy Tann <grtann@xxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Friday, September 18, 1998 2:40 AM
> Subject: RE: Finally a Signal!
>
>
> >Jim
> >
> >I sent you a Greenspan comment a while ago about my not believing
> that he
> >would ever do anything in time to do the market any good <G>.
> >
> >Now if we could only get those idiots in Washington to develop a
> laisez
> >faire attitude, we'd all be better off <ggg>.
> >
> >My bottom support in the channel this week is about 909, FWIW.
> According to
> >my chart, we've got a pretty big channel to move around in. From 909
> to
> >1065. I'd say there's enough room here to trade and do some damage.
> >
> >What we have noticed is that with the increased volatility, we've had
> to
> >expand our visual stops. For instance, we hit our visual stop
> yesterday,
> >but since we were near the top of the channel, we moved our visual
> stop to
> >just above the trend line and decided to wait it out. Unfortunately,
> I was
> >poised to buy a bunch of OEX OTM Puts this morning, expecting EOD
> rally to
> >carry through into the AM. Gang aft aglay, (sp?) as they say.
> >
> >The Globex S&P for Dec. is down another 1.50 or so. Meaningless, I
> know,
> >but today the actual market followed the Globex going into the open.
> The
> >DJIA was down approx. 212 before the open. I guess it opened up down
> almost
> >200.
> >
> >I lost my old expert charts and got a method from Equis support today
> to try
> >to recapture them. Let's see what happens, as my long term trend
> lines
> >aren't on this new, temp chart.
> >
> >Regards
> >
> >Guy
> >
> >
> >
> >> -----Original Message-----
> >> From: owner-metastock@xxxxxxxxxxxxx
> >> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
> >> Sent: Thursday, September 17, 1998 3:25 PM
> >> To: metastock@xxxxxxxxxxxxx
> >> Subject: Re: Finally a Signal!
> >>
> >>
> >> Guy,
> >> After today I'm impressed! How did you talk Greenspan into
> jaw
> >> boning the market for you <G>. The question now is which witch
> will
> >> we get tomorrow?
> >>
> >> Jim
> >> -----Original Message-----
> >> From: Guy Tann <grtann@xxxxxxxxxxx>
> >> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> >> Date: Wednesday, September 16, 1998 6:58 PM
> >> Subject: RE: Finally a Signal!
> >>
> >>
> >> >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
> >> >> >> >
> >> >> >>
> >> >> >>
> >> >> >>
> >> >> >
> >> >>
> >> >>
> >> >>
> >> >
> >>
> >>
> >>
> >
>
>
>
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