|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.72.3509.100"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>Brooke,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2>
Thanks for the charts and your thoughts. You could very well be right, but
I think the difference this time is the over all market. I really believe
that we had the blow-off bottom Thursday and I'm trying to take advantage by an
early entry into the former market leaders. Of course, I've been wrong
before and will....... I think the main thing is you have to think out
your scenario, then test it, then take the actions to take advantage of it, then
take further actions to protect yourself from disaster in case you are wrong
<G>.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>JimG </FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Brookemail@xxxxxxx <<A
href="mailto:Brookemail@xxxxxxx";>Brookemail@xxxxxxx</A>><BR><B>To: </B><A
href="mailto:metastock-list@xxxxxxxxxxxxx";>metastock-list@xxxxxxxxxxxxx</A>
<<A
href="mailto:metastock-list@xxxxxxxxxxxxx";>metastock-list@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Friday, October 09, 1998 10:16 PM<BR><B>Subject: </B>DELL danger
signs<BR><BR></DIV></FONT>I've attached a chart of DELL that shows the stock
from July to the present.<BR>You can see how some buyers might think they
have a leg to stand on -- albeit<BR>a very thin, shaky leg. <BR><BR>In a
minute I'll send another note with an attached chart of DELL in
October<BR>and November of last year, when it plummeted. You can see the
same precipitous<BR>drop back then, and the 5-day variable moving average
falling through the<BR>11-day VMA, as it did yesterday. You can also see how
the stock attempted to<BR>rally then, rose back up to the 5-day VMA and then
plummeted again. The 5- and<BR>11-day variable moving averages are similar
to the 9- and 21-day exponential<BR>averages, btw. <BR><BR>The point is that
you can see the danger signs this time around. The 5-day VMA<BR>has just
fallen through the 11-day VMA. Usually, that would be a signal to<BR>sell,
not to rush back in. Furthermore, parabolic SAR and the Bull/Bear
system<BR>remain negative. <BR><BR>This is not to rule out a sustained
rally. It is to suggest, though, that<BR>there might be an opportunity to
short the stock near the 5-day VMA (or 9-day<BR>VMA), or using another plot,
near the red support line at 55.5. The emphasis<BR>is on might. If the stock
does attempt to rise above the 5-day VMA and fails,<BR>that's all the more
reason to consider shorting. <BR><BR>As for buying right now, it's
dangerous. But whaddo I know?<BR><BR>Brooke<BR></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sat Oct 10 14:14:15 1998
Received: from 204.246.137.2 (204.246.137.2)
by mail02.rapidsite.net (RS ver 0.3) with SMTP id 1049
for <neal@xxxxxxxxxxxxx>; Sat, 10 Oct 1998 16:38:52 -0400 (EDT)
Received: (from majordom@xxxxxxxxx)
by listserv.equis.com (8.8.7/8.8.7) id DAA02178
for metastock-outgoing; Sun, 11 Oct 1998 03:44:19 -0600
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
by listserv.equis.com (8.8.7/8.8.7) with ESMTP id DAA02175
for <metastock@xxxxxxxxxxxxxxxxxx>; Sun, 11 Oct 1998 03:44:16 -0600
Received: from tobe.friend.ly.net ([205.216.98.11])
by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id NAA01946
for <metastock@xxxxxxxxxxxxx>; Sat, 10 Oct 1998 13:49:14 -0600 (MDT)
Received: from a (cht1-43.dmv.com [146.145.105.49]) by tobe.friend.ly.net (8.8.6/8.8.6) with SMTP id QAA10430 for <metastock@xxxxxxxxxxxxx>; Sat, 10 Oct 1998 16:47:47 -0400
Message-Id: <3.0.3.32.19981010153959.0091b420@xxxxxxxxxxxxxxxxxx>
X-Sender: engstrom@xxxxxxxxxxxxxxxxxx
X-Mailer: QUALCOMM Windows Eudora Pro Version 3.0.3 (32)
Date: Sat, 10 Oct 1998 15:39:59 -0400
To: metastock@xxxxxxxxxxxxx
From: Chuck Engstrom <engstrom@xxxxxxxxxxxxx>
Subject: Re: The gyrating Dow / Resending message
In-Reply-To: <361FBD90.F57BF9B8@xxxxxxxx>
Mime-Version: 1.0
Content-Type: multipart/mixed; boundary="=====================_908062799==_"
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
X-Loop-Detect: 1
At 03:03 PM 10/10/98 -0500, you wrote:
>
> can you please check through your numerous sources, what sort of
>data is available if one wants to plot a single point for the day. In
>case you cannot get anything, then just send me the high/low daily of
>the Dow since , say June 1997. I wish to do some plotting on sunday.
>
>
>
>
Rajesh:
Here's the high, low, and close of the Dow since Jan 1 1997. This is a
simple text file readable with any text-editing program. Hope it is useful
despite its simplicity.
Chuck Engstrom
Attachment Converted: "c:\eudora\attach\Data.prn"
|