|
PureBytes Links
Trading Reference Links
|
Renante, could you please post your BPU8 chart again with the Fork, that you
stated "made the Tern". Let me know your thinking of what that market is
doing. THanks for your posts.
Craig
-----Original Message-----
From: Renate Muldowney <mailbox@xxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Monday, July 27, 1998 8:45 PM
Subject: Re: MKT: OEX Double Bottom?
>Terry
>interesting software
>what is it called?
>
>RM
>
>At 10:08 PM 7/27/98 EDT, TQuinn211@xxxxxxx wrote:
>>In a message dated 98-07-27 17:00:39 EDT, OnWingsofEagles@xxxxxxxxxxxxx
>>writes:
>>
>><<
>> Amidst all the gloom and doom "Crash" emails received in my Inbox over
the
>>weekend, two lone rangers - Bob Roeske and Clyde Lee - caught this bounce
>>beautifully. >>
>>
>>My hat off to Bob and Clyde as well.
>>
>>Not to sound my own horn but....
>>
>>From: TQuinn211
>>To: TQuinn211, realtraders@xxxxxxxxxxxxxx
>>
>>In a message dated 98-07-25 19:08:45 EDT, I wrote:
>>
>>This is a repost as I have no record of the original coming through.
>>BTW I am not in the market crash camp.
>>
>>Some exerpts frpm the original post.
>>
>>
>>The outlook?
>>
>>The channels would need to turn down and or the moving average would need
to
>>stay below the channels for at least three days before I would call the
>>primary trend as being down.
>>
>>The low of Friday is very close to the top of the trading range that
existed
>>between April and early June(546-548) so I would expect any downward
price
>>movement to find support at these levels. I do expect these numbers to act
as
>>support for at least a trading bounce into a trading range.
>>
>>So i am planning to buy the dips and sell the rallies.
>>
>>And if the market does surprise us traders, it would be to the upside over
>the
>>next two to 4 weeks.
>>
>>
>>Comments/Observations always appreciated.
>>
>>Enjoy!
>>Terry Quinn
>>
>>My view of a trading range similar to April/May remains unchanged.
>>
>>
>>
>>Attachment Converted: "e:\eudora\attach\XBAR1.gif"
>>
|