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Guy,
Let's hope both theories work and we both make some money. By
the way, they say memory is the second thing that goes. I can't
remember what the first was <G>.
Jim
-----Original Message-----
From: Guy Tann <grtann@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Friday, September 18, 1998 7:23 PM
Subject: RE: Finally a Signal!
>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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