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Jack,
We really trade the S&P futures, so it's hard to reconcile the NASDAQ and
the DOW to our signals, even though we try. Our S&P futures signal is still
long, but we've had some short-term sell signals, which have caused us to
take profits and go to the sideline.
I have to talk to my brother, but it appears that our short-term signal is
signaling a buy for tomorrow, but I need to verify his calculations and make
sure I didn't enter anything incorrectly (in our DOS based systems which I
wasn't able to get running in MS).
Our dad's estimates are fairly close to various Fib retracements. I'll try
to dig out what he uses. I posted them a couple of years ago, but can never
remember the various ratios.
Guy
Politicians and diapers have one thing in common. They should both be
changed regularly and for the same reason.
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Jack Assante
Sent: Tuesday, October 31, 2000 2:15 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: The word from the Mount :-)
Perhaps your Dad believes the Dow will reverse off the 78% Fib retracement ?
Well, I shorted it yesterday and I'll be shorting it again... I hope your
DAD's
right.
Jack
Guy Tann wrote:
> List,
>
> For any of you who might be interested, our dad calls for a theoretical
high
> in the DJIA of 200 points above Mondays High (10869) which I guess
> translates to 11069. Now comes the big question. Do I stick with my Jan
> QQQ Calls or take my profit?
>
> Guy
>
> Politicians and diapers have one thing in common. They should both be
> changed regularly and for the same reason.
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