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Well, a 10 point gap opening doesn't of itself necessarily mean much, but
add in another 10 handles and an ad line of 2:1+ and it means considerably
more. And a reversal would certainly mean even more than that!
What type of analysis are you doing. If it's some kind of super secret
fine, just say so. Otherwise what is the point of one or two line
predictions without some sort of detail to back it up?
By the way, I've been right here watching the market every step of the way
for many years!
Regards,
Tom Alexander
> From: Peter [ KKD ] <derivatives@xxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: s&p
> Date: Friday, December 04, 1998 9:56 AM
>
> refer to my second post...... where have you been, a 10 point gap opening
is
> nothing these days, (not implying that it will be closed ) ... . If we
miss
> a rally "launching" in next 24-36 hours, the current record highs will be
> the highs for next few months...... Thats why I said "virtually", as a
small
> opportunity exist here.................."Why ? ".....based on my analysis
> peter
>
>
> -----Original Message-----
> From: Tom Alexander <gta3@xxxxxxxxxxxxx>
> To: derivatives@xxxxxxxxxxxxxx <derivatives@xxxxxxxxxxxxxx>; RealTraders
> Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Saturday, 5 December 1998 1:49
> Subject: Re: s&p
>
>
> >Why? Based on what? It's 9:46 am EST and apparently "reality" is about
to
> >overcome "virtual reality". At this point unless we see the mother of
all
> >reversals perhaps you might care to revise your forecast.
> >
> >Regards,
> >
> >Tom Alexander
> >
> >----------
> >From: Peter [ KKD ] <derivatives@xxxxxxxxxxxxxx>
> >To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> >Subject: s&p
> >Date: Friday, December 04, 1998 3:13 AM
> >
> >final rally potential has been virtually eliminated
> >peter
> >
> >
>
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