|
PureBytes Links
Trading Reference Links
|
Realtraders,
Using Symmetry Wave, my cursory look at some of the attached charts sent
by other members would indicate that the 8.50 level area would be a
potentially better level to go short this market with a protective stop set
at approximately 8.80.
Thanks,
John Boggio
PS For more information on symmetry wave, you can go to the web links
listed below. Note, sorry for the lack of recent updates but I hope to get
back to posting such information soon.
At 03:05 PM 6/20/98 -0600, Earl Adamy wrote:
>An alternative short would involve a continuation of the rally to the 8.50
area
>followed by a decline into the 7.50-7.30 area. Given the inside day on
Friday, I
>think this scenario has a slightly higher probability.
>
>Earl
>
>-----Original Message-----
>From: Earl Adamy <eadamy@xxxxxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Date: Saturday, June 20, 1998 8:50 AM
>Subject: Re: Oct Sugar
>
>
>>With all of this agreement, I tried to find a reason not to go short and
didn't
>>find it. Even checked to see if the sugar pit has a habit of running to low
>then
>>to high to clear orders and didn't find evidence. The only negative is that
>it's
>>trying to pop above the wave 1 Bear Channel. I like the fact that volume was
>>heavy into the last low so we probably haven't shaken out yet. Of course
with
>>inside day on Friday, it could continue moving up.
>>
>>Note chart is a CC chart with July still active - won't roll into October
until
>>Monday.
>>
>>Earl
>>-----Original Message-----
>>From: Alan Sears <asears@xxxxxxxx>
>>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>>Date: Friday, June 19, 1998 7:25 PM
>>Subject: Oct Sugar
>>
>>
>>>Looks like a nice setup for a short trade in Oct sugar ?
>>>
>>>
>>>
>>>
>>
>>
>
>
>
>
For recent commentary and more informations regarding SymWave, please go to:
Commentary: http://www.realtraders.com/Boggio/disc7_toc.html
Info regarding SymWave: http://www.realtraders.com/boggio/boggiobio.htm
Thank you.
|