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Fw: Friday Lesson 13-A August 22:



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> From: tmurrey <tmurrey@xxxxxxxxxxx>
> To: thmurrey@xxxxxxxxxxxxxxxxxxxxx
> Subject: Fw: Friday Lesson 13-A August 22:
> Date: Friday, August 22, 1997 9:08 AM
> 
> 
> 
> ----------
> > From: tmurrey <tmurrey@xxxxxxxxxxx>
> > To: thmurrey@xxxxxxxxxxxxxxxxxxxxx
> > Subject: Friday Lesson 13-A August 22:
> > Date: Friday, August 22, 1997 9:01 AM
> > 
> > Murrey Math Lesson 13-A Aug. 22, 1997:
> > 
> > We are getting ready for a fun day today for "Watchers."
> > 
> > Please watch what happens today (please don't trade).
> > 
> > Only experienced Master Level Murrey Math Traders 
> > should take part in the trading action today.
> > 
> > 87.5% of all "students" get nervous in slow markets
> > and 95.% of all traders "freeze up" and can't trade in
> > 
> > "fast market conditions" for they have no way of shifting
> > gears when their market takes off faster than normal.
> > 
> > OEX 100 Cash Index:
> > 
> > This market's Futures are selling at a discount to cash
> > currently (7:10 a.m.) down minus 14.50 points = minus
> > 
> > 50 points on the Dow 30 Industrials the 1st 10 minutes
> > of the trading day (if it stays down at this extremely
> > wide spread) discount to cash.
> > 
> > This market should "gap down" on the open, so how do
> > we get in to the short side (although we know that we
> > shall miss the first "pop" down ?
> > 
> > We shall use common sense: we know that the average
> >  stock shall open down and come on line at the open and
> > 
> > drive the market down minus 50 points, but we know that
> > the top 8 stocks will be held in the back room and come
> > 
> > out of the "box" later and they will open "gapped down"
> > and take this market down to over 100 points the 1st 15
> > 
> > minutes and we should see a fun trading day for the
> > "buy and hold" long term boys who will "sit on the bench"
> > 
> > and watch another $ 10,000. profit day go by because
> > they haven't learned how to "read" the markets "brain." 
> > 
> > Now the futres have pulled back up to down minus - 12.50.
> > 
> > The waist to short to day is down near its ankles (if this
> > market stays down below - 3.12 points at the open today).
> > 
> > The support level to "short" this market = 898.37 (ha ha).
> > 
> > Now watch for support to come in down lower at:
> > 890.625 or short reverses at 886.725,
> > 882.81 or short reverses at 878.91,
> > 875.00 or short reverses at 871.11,
> > and strong support down at 867.20 final exhaustion,
> > but I hope it reverses down at 871.11 fast reversal line.
> > 
> > I sent out an E Mail to everyone to watch the middle of 
> > August and its volatility and no one listened (some of you
> > may still have my simple little note of prediction) I do !!!
> > 
> > We should get ready to go long on short reverses that go
> > up only 3.90 or 5.80 points back up and plan to exit fast
> > and go back in and "short" again.
> > 
> > Please watch the Murrey Math "Exact Times of Day" that
> > these markets want to reverse on to enter and exit your
> > positions and if it reverses 4 minutes early go with the 
> > early reverse today.
> > 
> > Strap you "ass prin" to your water bottle and don't plan to
> > go "Pea" early on today !!!
> > 
> > You shall have fun just watching this trading day.
> > 
> > This market is currently down minus - 15.00 which
> > means that this market has to open down minus
> > 
> > 100 points on its open and then we shall start our
> > trading from down here, which will take it lower
> > still short term (I love this learning Academy).
> > 
> > My current position: none . I closed out my short
> > at 2:45 P.M. but I shall plan to play the reversals
> > 
> > back up (short spurts) long after the 1st big wave
> > down, then after the double bottom and triple bottom.
> > 
> > U.S. 30 Year Bonds:
> > 
> > This market fell the second day in a row off my "doji"
> > sell signal and must go back down under the circle just
> > to the right.
> > 
> > The waist for today has already been broken and we are
> > are to watch for support down at 112.50 major (MML).
> > 
> > We should expect more negative response from stocks,
> > if this market falls below 112.50 (4/8 ths line).
> > 
> > Side Note: This market reversed back down off a 33. degree
> > angles line, which means a fast reversal down, which means
> > that Murrey Math Works).
> > 
> > Live Cattle:
> > 
> > The waist for this market today = 6.67 to short or go long.
> > 
> > This market reversed two days ago like I said the "tombstone"
> > predicted and now the upside is still above its up momentum
> > line, but it is getting tired and we should get out of longs if it
> > 
> > dips below 6.67 and if it moves up to or 6.75 or 6.773 we
> > need to get out of all our longs up here (wrong group always
> > 
> > buys on the high where the pros come and let the rookis loose
> > so they can go back to their moving averages and ask themselves
> > well I did what the machine told me to do.
> > 
> > Soybeans:
> > 
> > This market's waist for today = 6.25 major (MML).
> > We must go with the opening direction (I don't know) so
> > we must plan to go early with direction and (It may gap
> > up or down so we want to stay in longer if it gaps down
> > and get out fast if it gaps up too high and starts moving
> > back down toward 6.25.
> > 
> > This market reversed back up just as I said the inside
> > reverse hammer would take it back up.
> > 
> > Wheat:
> > 
> > The waist for this market today = 3.843 to go short.
> > (the upside is hardly worth it today !
> > 
> > Start selling out 100.% up at 3.866 and finally below 3.90.
> > (this market reversed off our "doji" 4 days ago and went up
> > 
> > along our upward momentum line four trading days in a row,
> > but now it is time to take profits fast and start spending 
> > cash on your family).
> > 
> > Time: Central Standard Time = 8:00 a.m. futures down 13.90.
> > 
> > Please send me a report card for this lesson today.
> >  
> > 
> > ----------
> > > From: tmurrey <tmurrey@xxxxxxxxxxx>
> > > To: metastock-list@xxxxxxxxxxxxx
> > > Subject: Murrey Math 5 for 5 today:
> > > Date: Thursday, August 21, 1997 9:31 PM
> > > 
> > > Murrey Math Thursday Daily Predictions:
> > > 
> > > Oex 100 cash Index:
> > > 
> > >  short below 914.06 = winner.
> > > (support line to reverse 906.25 and 89.37 and  I
> > > hit both of those for winners today (missed the low
> > > by 93/100 ths of one point on 15 point fall.
> > > 
> > > (we call this a winner),
> > > 
> > > US Bonds:
> > > 
> > > I said this market reacted just as yesterday's "doji"
> > > signalled a "gapped up" sell signal.  We should watch this
> > > market and see if it falls back down for support at 113.27.
> > > (it closed just below this number today).
> > > 
> > > (we call this a winner).
> > > 
> > > Live Cattle:
> > > 
> > > I said this market "gapped up" on the open and sold off,
> > > but it wants to move back up as long as it stays above
> > > 66.51 and its angled uptrend line. (that's what it did).
> > > 
> > > (we call this a winner).
> > > 
> > > Soybeans:
> > > 
> > > I said this market moved down and formed an "inside
> > > reverse hammer" so we would expect this market to
> > >  reverse back up today. (that's what it did).
> > > 
> > > (we call that a winner).
> > > 
> > > Wheat:
> > > 
> > > I said that this market formed a sell off "shooting star"
> > > but it wants tro revers and move back up and test its
> > > old highs  (and that's what it did).
> > > 
> > > (we call that a winner).
> > > 
> > > Now this is 5 in a row off "cornball" Murrey Math."
> > > 
> > > It doesn't take "brains" to have common sense.
> > > 
> > > I really don't have a high I.Q. it is really 64 (moron).
> > > 
> > > Please consult your daily charts and you shall see
> > > that I "nailed" all five markets today off music and
> > > 8th grade math.
> > > 
> > > (all of you download all of this data so you may access
> > > your own files to see if I am write or wrong.
> > > 
> > > If you want tomorrow's predictions, please E Mail back
> > >  tonight and we shall get you on line before tomorrow.
> > > 
> > > thanks for listening.
> > > 
> > > remember I have 100 students who have everything I say
> > > already on their computers 10 hours before I ever speak
> > > to you (because I know how hard you guys are on new
> > > "jerk balls" like me).
> > > 
> > > thanks for listerning (5 for 5) THMurrey
> > > 
> > >