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Re: FUTR: CZ & SF New Moon Day Bullish or Bearish?

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<P>Dennis Peterson wrote:
<BLOCKQUOTE TYPE=CITE>&nbsp;<FONT COLOR="#000000"><FONT SIZE=-1>RealTraders,</FONT></FONT><FONT COLOR="#000000"><FONT SIZE=-1>For
111998, I am not ready to give up on the short side of the grains just
yet for they are up against strong resistance levels. The outlook for the
next few weeks (short term trading trend) still remains down. See <A HREF="http://homepage.macomb.com/~mig/analysis/cz-sf-newmoonday.gif";>Trading
Trend Tops for CZ &amp; SF</A>.</FONT></FONT>

<P><FONT COLOR="#000000"><FONT SIZE=-1>The analysis for December Corn also
applies to <A HREF="http://homepage.macomb.com/~mig/all-mo-dly.gif";>March
Corn.</A></FONT></FONT><FONT COLOR="#000000"><FONT SIZE=-1>Home Page http://homepage.macomb.com/~mig/home.htm</FONT></FONT></BLOCKQUOTE>
&nbsp; Dennis,
<BR>&nbsp;&nbsp;&nbsp;&nbsp; Per my previous correspondance with you, I
exited my long Jan. Soybeans on Thursday's opening
<BR>at 585.&nbsp; This trade was opened at 558 1/2, so I realized a 27.5
cent profit or $1,375 profit. This is in addition to the earlier Soybean
trade I did also based on the transit of Mars thru Virgo. On the earlier
<BR>trade, in early October, I bot Nov. Soybeans at 521 and exited at 551
for a nice 30 cent or $1,500 per contract profit. This was all done based
on Mars entering Virgo and then keying off the Lunar Cycle.
<BR>Short term, I now agree with you Dennis, that there should be a two
to three week correction in the grains. The latter is based on the current
coincidence of the Lunar Cycle and Mercury. This was explained in depth
in the 1997-98 Forecast &amp; Trading Manual.

<P>Cheers,

<P>Norman
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</x-html>From ???@??? Thu Nov 26 01:06:58 1998
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Date: Thu, 19 Nov 1998 18:11:51 -0800
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From: Ira <ist@xxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: [Fwd: Re: MKT: S&P Looking Tired]
References: <365491F7.7B4E@xxxxxxxxxx>
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It is not a matter of what we think will happen it is a matter of planning
for no matter what happens.  I have a plan that will take me short when my
system says get short. I have a plan to exit the long position when my
system says to exit and I have a plan if the system says to get long.  My
target of 1160.9 was not hit. It should be a resistance point on the way up
and then support when it is passed.  should I stay long to get the last 1+
points.  I think I would be a fool risk 53 points to get one. Or risk 27
points to get one. or risk 10 points to get one.  I would reenter when the
system says to reenter.  I don't have to stay around for the swan song and
if it has a 10 point jump tomorrow morning, oh my, I would miss it.  There
will be another trade, that I can count on. good trading, Ira

swp wrote:

> Subject: Re: MKT: S&P Looking Tired
> Date: Thu, 19 Nov 1998 19:47:06 -0200
> From: swp <swp@xxxxxxxxxx>
> Organization: Poser Global Market Strategies Inc.
> To: boggio@xxxxxxxxx
> References: <3.0.5.32.19981119170411.008432f0@xxxxxxxxxxxxx>
>
> Please, let's find a few people who disagree, or this market is just
> going to scream!
>
> Friday could be fun. It is options expiration. The gains do not make
> sense. Though it is different than July, remember the week before the
> Monday high was options expiration too. Chris Carolan said that he got a
> sell signal from one of his options based systems too, something that he
> says is very rare. The key will be to not trying to short it 555 times
> before it does finally go down.
>
> Here is an interesting thought too. Everybody is looking for a
> CORRECTION. A relatively minor one at that -- 50 points on the spooz,
> maybe a bit more, maybe a bit less. Maybe the way it &*(^&*&% everybody
> is that it winds up a larger one. Not sayin' that's what I think, but we
> will have to watch it.
>
> Steve Poser
>
> One final note. If we can get past 1160 (cash index) on volume, this
> thing could go into the low 1200s which would really do what the market
> does best, and maximize pain!