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<P>t-bondtrader wrote:
<BLOCKQUOTE TYPE=CITE> <FONT COLOR="#000000"><FONT SIZE=-1>Norm and
Stig - thought you might like to see a simple TA concept that I apply to
the bonds whenever it occurs. I do actually trade Gold with
options on a 'for fun' basis even though I do not think it funny when the
Bank of England helps to drive the market down, with our reserves.
But having done so, the Double Bottom setup had to be worth a punt...</FONT></FONT> <FONT SIZE=-1>Bill
Eykyn,</FONT><FONT SIZE=-1></FONT>
<P><FONT SIZE=-1> Did you also notice that it setup almost exacctly
the same way back in February with a double bottom andt then a break out
to the upside, just before it failed and fell like a rock on its tush?
So, based on your chart,</FONT>
<BR><FONT SIZE=-1>this pattern is batting 50%.</FONT>
<BR><FONT SIZE=-1></FONT> <FONT SIZE=-1></FONT>
<P><FONT SIZE=-1>Cheers,</FONT><FONT SIZE=-1></FONT>
<P><FONT SIZE=-1>Norman</FONT>
<BR><FONT SIZE=-1></FONT>
<BR><FONT SIZE=-1></FONT>
<BR><FONT SIZE=-1></FONT>
<BR><FONT SIZE=-1></FONT>
<BR><FONT SIZE=-1></FONT>
<BR><FONT SIZE=-1></FONT> <FONT SIZE=-1>www.t-bondrader.com</FONT>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px"><B><FONT FACE="Arial"><FONT SIZE=-1>-----Original
Message-----</FONT></FONT></B>
<BR><FONT FACE="Arial"><FONT SIZE=-1><B>From: </B>nwinski <nwinski@xxxxxxxxxxxxxxx></FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1><B>To: </B>Stig O <olausson@xxxxxxxxxx></FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1><B>Cc: </B>realtraders@xxxxxxxxxxxx
<realtraders@xxxxxxxxxxxx></FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1><B>Date: </B>02 October 1999 02:45</FONT></FONT>
<BR><FONT FACE="Arial"><FONT SIZE=-1><B>Subject: </B>Re: Why did it stop
there?</FONT></FONT>
<BR>
<P>Stig O wrote:
<BLOCKQUOTE TYPE = CITE> <FONT COLOR="#000000"><FONT SIZE=-1>There
are some interesting coincidences with regard to the recent goldprice.Or
is it the Natural Order we are witnessing?</FONT></FONT> <FONT COLOR="#000000"><FONT SIZE=-1>The
green line is the Main resistance line from the 1980 high.</FONT></FONT>
<FONT SIZE=-1><FONT COLOR="#000000">Magenta lines are Andrews Pitchfork
from the 1980 high and 1985 low. It's offset by 50% (a function in Dynamic
Trader).</FONT>The line acting as resistance to present price is the 1st
warning line in the Pitchfork
( "
" "
)</FONT> <FONT COLOR="#000000"><FONT SIZE=-1>The blue lines are Andrews
Pitchfork from the 1993 low to1996 high. also offset 50%.</FONT></FONT>
<FONT SIZE=-1>You may also remember the Gann fan lines posted in my last
goldchart.</FONT> <FONT SIZE=-1>There is no doubt in my mind that if we
break the resistance in the 330 area, we are in for a bullrun that will
parallell the DM run from 1985.</FONT> <FONT SIZE=-1>Have a nice weekend,</FONT>
<FONT SIZE=-1>stig</FONT> <FONT SIZE=-1><FONT COLOR="#000000">Just as a
though experiment...... couldn it be possible that an upmove from ANY bottom
at this time would have stopped at 328 anyway.</FONT>I mean, if we hadn't
had this last "manipulation" move down to 255, then the spike up wouldn't
have been so large.In other words the harm done to the "manipulators" was
self inflicted. (so what?)</FONT> <FONT SIZE=-1>The word "manipulator"
should be understood as small group of people with ample money resources
to move markets. it does not imply any moral values at all.</FONT> <FONT SIZE=-1>But
it's interesting to see how the natural order MUST run it's course.</FONT>
<FONT COLOR="#000000"><FONT SIZE=-1>Hmmmmmmmmm, perhaps I should only post
the charts and leave out the comments.......<g></FONT></FONT>
Stig,
<BR> What if the manipulation was the move up in Gold prices?
The Bank of England and some other central banks decide they want to dump
their gold. So, they get together the major gold dealers and work out a
plan so they can all make a nice chunk of money. The gold dealers take
on a big chunk of gold and then have their press release that they won't
be having any more unscheduled gold sales. What the heck does "unscheduled"
mean? I am sure that most of the time most of their sales are "scheduled".
I have no evidence, but this whole thing smells just like the Warren Bufftet
silver buying announcement. Silver ran for about one week after Buffet
said he was buying silver. One week later and that was the top. Guess who
was selling silver during that final run?
<P> My guess is that when we look back on this in six month, the
gold rally will have turned out to be an excellent shorting opportunity.
Count me not a bull on bullion.
<P>Cynically,
<P>Pyrite Pete
<BR>AKA Norman
<P>P.S. I see nothing in the planetary cycles that would have supported
this Gold rally. That says to me that it is bogus and will fail.
<BR>
<BR>
<P>Stig O wrote:
<BLOCKQUOTE TYPE = CITE> <FONT COLOR="#000000"><FONT SIZE=-1>There
are some interesting coincidences with regard to the recent goldprice.Or
is it the Natural Order we are witnessing?</FONT></FONT> <FONT COLOR="#000000"><FONT SIZE=-1>The
green line is the Main resistance line from the 1980 high.</FONT></FONT>
<FONT SIZE=-1><FONT COLOR="#000000">Magenta lines are Andrews Pitchfork
from the 1980 high and 1985 low. It's offset by 50% (a function in Dynamic
Trader).</FONT>The line acting as resistance to present price is the 1st
warning line in the Pitchfork
( "
" "
)</FONT> <FONT COLOR="#000000"><FONT SIZE=-1>The blue lines are Andrews
Pitchfork from the 1993 low to1996 high. also offset 50%.</FONT></FONT>
<FONT SIZE=-1>You may also remember the Gann fan lines posted in my last
goldchart.</FONT> <FONT SIZE=-1>There is no doubt in my mind that if we
break the resistance in the 330 area, we are in for a bullrun that will
parallell the DM run from 1985.</FONT> <FONT SIZE=-1>Have a nice weekend,</FONT>
<FONT SIZE=-1>stig</FONT> <FONT SIZE=-1><FONT COLOR="#000000">Just as a
though experiment...... couldn it be possible that an upmove from ANY bottom
at this time would have stopped at 328 anyway.</FONT>I mean, if we hadn't
had this last "manipulation" move down to 255, then the spike up wouldn't
have been so large.In other words the harm done to the "manipulators" was
self inflicted. (so what?)</FONT> <FONT SIZE=-1>The word "manipulator"
should be understood as small group of people with ample money resources
to move markets. it does not imply any moral values at all.</FONT> <FONT SIZE=-1>But
it's interesting to see how the natural order MUST run it's course.</FONT>
<FONT COLOR="#000000"><FONT SIZE=-1>Hmmmmmmmmm, perhaps I should only post
the charts and leave out the comments.......<g></FONT></FONT></BLOCKQUOTE>
<BR> </BLOCKQUOTE>
</BLOCKQUOTE>
</BLOCKQUOTE>
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</x-html>From ???@??? Sun Oct 03 08:45:42 1999
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Date: Sun, 3 Oct 1999 09:58:12 EDT
Subject: Re: MA's in the S&P 500
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Status:
I use to only use expo moving average to trade the S&P until I found
other methods that suited me better. I used to use the EMA 60 & 80, 60>80
look to only take buys, 60<80 only sells. Wait for the bar to touch the 60
Ema then take a breakout accordingly. You can use a host of ways to get out
such as stochastics crossings.
Attached are a few examples.
Good trading
Oat
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