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<P>sid berger wrote:
<BLOCKQUOTE TYPE=CITE>Hi All,
<P>Does anyone remember what the market did just before and after Nixon
<BR>resigned. Can there be any correlation between the two events in case
the
<BR>present situation really turns the same.
<P>Sid Berger,</BLOCKQUOTE>
Sid, I remember quite well. The exact moment that Jerry Ford
took office, the stock market made a significant high, August, 1974, and
then plunged about 20-30% into the Oct. - December 1974 low.<FONT COLOR="#00CC00"></FONT>
<P>Reminiscently,
<P>Norman
<BR> </HTML>
</x-html>From ???@??? Mon Jan 26 01:10:14 1998
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Mon, 26 Jan 1998 02:18:50 -0500 (EST)
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Date: Mon, 26 Jan 1998 02:17:49 -0800
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From: James Charles <money4u@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Stochastic Pop
References: <199801240233.EAA27161@xxxxxxxxxxxxxxxxx>
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X-To: Richard Harrisson <richardh@xxxxxxxxx>, realtraders@xxxxxxxxxxxxxx
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Status: O
Hi Richard,
Jacob Bernstein lectured on this phenomena. The idea is when stochastics
crosses the overbought line on the way up, the trader may anticipate further
strength and buy into the move, and close the position when stochastics turns
down. Likewise when stochastics crosses the oversold line on the way down, the
trader may anticipate further weakness and sell into the move, and then cover
when stochastics turns up. So the trader takes advantage of the last part of
the move, the "pop".
About a year ago I had an attack where I had severe dizziness, balance
problems, and visual disturbance for 3 1/2 days. Everthing around me seemed
continuously rotating. Afterwards I was left with residual dizziness and
feeling faint and lightheaded everyday, and occassional headaches. Now for the
past two weeks I have had continuous tinnitus, loud high pitched tone in my
ears. Twenty four hours a day. What makes it a problem is I have two young
children to raise and support.
I'm told this is due to damage to the inner ear and the nerve leading to it,
and there is no effective medical treatment.
It must be wonderful to live in Greece. Do you trade US equities and indexes
from there?
Best wishes,
James Charles
Richard Harrisson wrote:
> James . . . Greetings :)
>
> Enjoyed reading your thorough treatment of criteria for going short
> . . . same ideas here . . . would look at weekly charts also, with
> histograms of KST on short, intermediate, and long time-frames.
> On daily chart, would be mainly influenced by DM+/DM- crossover [when above
> ADX, so give it some impetus {as per your idea of coming off upper
> Bollinger Band} ] , with momentum confirmation from stochastics &/or OBV
> [normalised oscillator].
>
> What is the meaning of "Pop" in this context ?
>
> Sorry you have not been feeling too good healthwise . . . may I enquire as
> to the nature of the ailment ?
>
> Wishing that you will feel stronger soon.
>
> Best wishes
>
> Richard Harrisson
> Aegina, Greece
> .........................
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