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<DIV><FONT size=2>I think now would be a good time to talk about bounce.
Does anyone have a method they can share to mark the end of a blood-letting in
equities like the last two days?</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>As a new trader I would look for support levels that remain
intact. For the DJIA, since we blew through the 7802 support (9/25/97),
would it be correct to then look at 7556 on 9/11? </FONT> </DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 size=2>For the S & P that would mean we are past
the 9/25 support of 937 and the next (9/11) would be 902.</FONT></DIV>
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</x-html>From ???@??? Tue Oct 21 00:50:23 1997
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Date: Sat, 18 Oct 1997 07:19:44 +1000
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From: "ramon barros" <ramon@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Glenn Nealy
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Hi Ross
----------
> From: Kovacs, Ross R <KOVACSRR@xxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: MKT: Glenn Nealy
> Date: Saturday, October 18, 1997 1:00 AM
>
> Glenn Nealy was on the local LA business channel yesterday (Thurs.)
> 1. Any opinions on Glenn's methods or record?
A friend of mine subscribes to Glen's fax service as well as most of the
other Elliot Wavers. He says you can make money following Glen's
recommendations.
There are times however when Glen's count in the service is not the
one he trades! At least he tells you that what's happening.
regards
ray
R Barros
101/25 Market Street
Sydney NSW 2000
Australia
e-mail: ramon@xxxxxxxxx
tel: 61 2 92673470
fax: 61 2 92673478
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