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Neal:
Please translate and provide formulas:
Double RePo and DRPO.
I thought RePo was what happened when you missed payments on the car.
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: Neal Hughes <neal@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, May 04, 2000 5:26 PM
Subject: Re: Lessons Learned From Market Downturn
>
> Kent,
>
> The downturn was predicted by a Double-RePo signal on the
> DOW chart during February.. As one trader said by email,
> "you don't **** with a monthly DRPO".
>
> The signal was set-up in November, with the final confirmation
> in February. I can post a URL if traders are interested in
> further research.
>
> This same signal occurred in prior severe downturns of the market,
> as well as predicting the run up of oil prices from about $12.00
> to above 34.00 over the past year.. These signals are discussed
> in real-time on discussion forum pages.
>
> As for re-entering, we've being doing that both short and long
> depending on the day. There are both short and long trading
> opportunities these days, it varies based on your trading
> time-frame.
>
> -Neal.
>
>
> At 01:38 PM 5/4/00 -0400, you wrote:
> >"Yes, the markets really tanked. I'm just fortunate I followed my
trusted
> >rule of **always** selling when the _____price of the stock_____
indicator
> >went below
> >_____stop that I entered when I bought the stock_____ level."
> >
> >"Frankly, I don't plan on re-entering those particular securities until
the
> >_____lump in my throat_____ indicator drops below _____knot in my
> >stomach_____ again!"
> >
> >You can't trade the markets mechanically like you're asking unless you
have
> >a system that is a winner and if you had such a system, it would have
told
> >you when to sell and when to buy back in. Frankly, I think the bulk of
the
> >selling is done. If you listen to CNBC, you will hear that many fund
> >managers are totally confused on the markets or have large cash
positions.
> >This is a good sign. In addition, cash is still coming into the markets
in
> >the form of savings. This means continued upward pressure. But probably
> >not like it was during the last 6 months. I'm currently 115% long. Of
> >course, historically that is a bad sign.
> >
> >Kent
> >
> >
> >-----Original Message-----
> >From: Nicholas Kormanik <nkormanik@xxxxxxxxxx>
> >To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> >Date: Thursday, May 04, 2000 1:16 PM
> >Subject: Lessons Learned From Market Downturn
> >
> >
> >
> >It's likely that over the past couple of months many here have had some
> >important lessons reinforced.
> >
> >I'm hoping that some of you 'senior' members wouldn't mind filling in the
> >following blank lines....
> >
> >"Yes, the markets really tanked. I'm just fortunate I followed my
trusted
> >rule of **always** selling when the _____A_____ indicator went below
> >_____B_____ level."
> >
> >"Frankly, I don't plan on re-entering those particular securities until
the
> >_____C_____ indicator rises above _____D_____ again!"
> >
> >Thanks in advance for sharing your ideas. I hope some interesting and
> >helpful discussion is generated from your input.
> >
> >I personally am still a 'freshman,' and continue to look for these
answers.
> >
> >Nicholas
> >
> >
> >
>
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