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Bah! And all neutralized by the ravings of Ron InsaneNa :))
Bob
At 02:49 PM 8/17/99 -0500, kohath wrote:
>The Commentators will say anything to keep this market moving up. Every
>time there is a drop in the dow they get Patabaglio on there to tell
>everyone how great everything is and that this is just a buy opportunity.
>If there is any bad news you can count on Maria, Pisani, etc, to keep quite
>about it until there is no other choice but to announce it, After the market
>has tanked.
>Kohath
>
>----- Original Message -----
>From: Howard Hopkins <hehohop@xxxxxxxxxxx>
>To: <iceman_nrg@xxxxxxxxx>; <realtraders@xxxxxxxxxxxx>
>Sent: Tuesday, August 17, 1999 10:55 AM
>Subject: Re: GEN: Market Direction
>
>
>> RT's,
>>
>> Does anyone else use the contrarian indicator of Maria Bartaroma/Mark
>Haines
>> on CNBC? If we have had strong moves up or down and then get a strong gap
>> in the direction of the previous move you can trade counter to
>Maria/Mark's
>> extreme optimism or pessimism.
>>
>> The CNBC indicator (Maria/Mark) coupled with the market's reaction to HWP
>> good earnings were a great contrarian indicator. I sold 1346.7 at
>9:48am...
>> to bad I covered at 1344.70 on a stop I moved down too close.
>>
>> Good trading,
>> Howard
>>
>>
>> >From: Johnny Storm <iceman_nrg@xxxxxxxxx>
>> >To: Real Traders <realtraders@xxxxxxxxxxxx>
>> >Subject: GEN: Market Direction
>> >Date: Tue, 17 Aug 1999 05:04:11 -0700 (PDT)
>> >
>> >Hey RT's
>> >
>> >I don't know about you all, but my gut feeling is the market is setting
>> >up for a fall. My long term indicators have gone "bearish" (5/6) and
>> >my short term bias for today is "down".
>> >
>> >We had three market Bias indicators on TRADEHARD.com pointing downward,
>> >plus my own indicators (3/5). I am curious is anyone reading the
>> >market like this today.
>> >
>> >Ochoa (Hedgefund Manager) went short yesterday and is looking for a
>> >target of 1325 in the next couple of days.
>> >
>> >
>> >So, for the day I will be looking for short trades on the 5 minute
>> >bars.
>> >
>> >JS
>> >
>> >_________________________________________________________
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>> >
>>
>>
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>
>
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