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I can only speak for me. My daily analysis via the McClellan Oscillator
plus a beginning of month momentum cycle, plus another statistical
tool(MOSS on following post) told me I wanted to look for a shorting
opportunity today.
BobR
At 12:25 PM 12/5/97 -0500, you wrote:
>
>-----Original Message-----
>From: bobrabcd <bobrabcd@xxxxxxxxxxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Date: Friday, December 05, 1997 12:16 PM
>Subject: GEN - Today's DOW pivots
>
>
>>So they went for R2. R1 to R2 blue band was the statistical zone expected.
>> That makes it even better. On top of it a Fib time line occurred just as
>>R2 was tagged. Issue and volume readth still has not broken down so a
>>short is still risky. Might take a few more minutes. Don't forget though,
>>price is what is being traded. Notice how the band is tested twice.
>>
>>BobR
>
>Please excuse my ignorance; I'm trying to learn. Are you saying we should ne
>looking for a short?
>
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