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Alan you seem to be using a wide variety of indicators here.
May I hold you to the standars you have set?
Could you kindly explain each one that you show here, how you use it, why
you use it in the way that you do
why you do not use something else. Also please show under what conditions
you would ignore it.
In cases of fib numbers kinldy show which points you are using and why you
are not using the many other points to choose from.
Then lets get to reality...besides floor traders, people with great luck,
and perpetual victims why would anyone want to trade OJ?
Thanks
Renate
At 10:24 PM 8/3/98 -0400, Alan Sears wrote:
>>>OJ appears to be at an ideal point for a reversal down ?
>>
>>
>>Market again failed at overhead resistence and closed
>>slightly lower. Holding short looking for a break lower.
>>On the fundamental side, traders are waiting for the
>>first private estimates for the future OJ crop which
>>is due out Aug 8. Last years record crop is already
>>in the freezers, if the estimate is for another large
>>crop, prices could collapse.
>
>
>Attached charts show very low volatility
>bearish divergence and bearish rising wedge
>
>Attachment Converted: "e:\eudora\attach\OJ8u_vol.gif"
>
>Attachment Converted: "e:\eudora\attach\OJ8u_vol2.gif"
>
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