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Terry,
It sounds like you are well versed in Gann. Could you recommend any books
about Gann's methods?
Thanks,
----- Original Message -----
From: Terry S. Smith <tesla@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Wednesday, April 14, 1999 5:02 PM
Subject: Re: Bill-ie's At It Again!
> Good Idea. Let's talk about the S&P's and stop exchanging worthless gifts
> (insults). Anyone else notice today how the S&P decline of 16.50 points
> retraces to the 62% level and then declines another 16.50 for a temporary
> bottom before making a third decline in the range of 16.50 points? W.D.
Gann
> calls this a measured move. It also works on the daily chart. The rally in
> the daily June S&P's goes from 1229 on March 3rd to 1337 on March 19th for
a
> move of 108 points. Where will the next high be? Add 108 points to the
next
> low on march 23rd of 1267 and what do you know the projected high is 1375,
2
> points off Monday's high of 1373. Happy trading.
> -----Original Message-----
> From: nwinski <nwinski@xxxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Wednesday, April 14, 1999 12:35 PM
> Subject: Re: Bill-ie's At It Again!
>
>
> >
> >
> >OkieDame@xxxxxxx wrote:
> >
> >> My thoughts exactly, Linda.....little girls aren't really noted for
turf
> >> battles; this is a little BOYS sport. I think we should rename this
> forum
> >> "Systems' Analysis"; very little stock or commodity market information
is
> >> discussed and this handful of the self-appointed elite rarely find
> anything
> >> or anyone else acceptable.
> >
> >Okie,
> > I agree wholeheartedly. You expessed what was gnawing at me about
these
> >posts but I couldn't seem to find the right words. By the way, my system
is
> >bigger and better than yours! <G>
> > These endless discussions of whose system is better is like a bunch of
> >carpeters sitting around arguing whose tools are bigger and better, yet
> they
> >never design or build anything.
> >
> > Anyone have any opinions or analysis on the markets? Wow, now
there's
> a
> >radical idea! If this is too foreign or new for some of you, here is a
> >hypothetical example: "I think Palm Oil futures look like a low risk buy
> now,
> >as they approach their 62% retracement at the xxxx.xx support area based
on
> the
> >previous bull run of the past 21 years. Additionally, 21 years is 1/4 of
> the
> >84 years Uranus cycle, and I have found Uranus to be closely tied to the
> price
> >movements of Palm Oil. Given this scenario, I would expect Palm Oil
futures
> to
> >rally to yyyy.yy, generating a potential profit of $zzzz.zz. One can
use
> a
> >small $qqq stop loss on the contingency that the major support is broken.
> This
> >gives us a very favorable risk reward profile of 10 to 1. Don't let
this
> one
> >slip away. Charts are available at www.notmywebsite.com.
> >
> >Cheers,
> >
> > /\/
> >\/\/
> >
> >>
> >>
> >> In a message dated 4/14/99 12:12:21 PM Central Daylight Time,
> >> lswope@xxxxxxxxxxx writes:
> >>
> >> << Maybe we should call this the Bill and Bob show....they are like two
> >> >> little GIRLS....both of them are full of you know what!
> >>
> >>
> >> Hey, I resent that "little girls" remark. It's you boys and your
> >> testosterone that are full of you know what!
> >>
> >> Linda
> >> Swope's Mountain Photography >>
> >
> >
>
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