|
PureBytes Links
Trading Reference Links
|
Is that Hines Ratio a proprietary indicator ?
> -----Original Message-----
> From: ROBERT ROESKE [mailto:bobrabcd@xxxxxxxxxxxxx]
> Sent: Wednesday, October 13, 1999 8:54 PM
> To: swingmachine
> Cc: realtraders
> Subject: [SM] Re: How far can it go 10/13/99
>
>
> Let's ask the opposite question also, "How high can it go?". The
> last three
> times the OEX came off the 670 level it had sizeable gains in one or more
> days. The time the modified Hines ratio hit the outright buy
> calls level on
> September 3 the OEX had a 20.39 up move the next day. October
> 4th it had a
> 12.62 up. August 13 it had 16.4 up. June 28 it had a run all the way to
> 735. Sentiment is even more negative today than previously and
> the dollar,
> interest rates, inflation environments, earnings are being looked
> at with a
> microscope this time. Also tax loss selling and Y2k were not as
> influential.
>
> BobRoeske
>
> ----- Original Message -----
> From: Clyde Lee <clydelee@xxxxxxx>
> To: swingmachine <swingmachine@xxxxxxxxxxx>
> Sent: Wednesday, October 13, 1999 3:31 PM
> Subject: [SM] How far can it go 10/13/99
>
>
> > Well, as markets are prone to do, this one did NOT tak a breather
> > today as I had anticipated but went right on down.
> >
> > Yesterday I mentioned that there had been 28 swings from similar
> > market conditions in the past 3 years (that is all the 30 minute data
> > I have).
> >
> > Today, to hell with finding the best method of projecting things,
> > just show of those 28 swings that have occurred any that could
> > still be met TIME and/or PRICE wise in this run.
> >
> > That is the picture today. Worst case was a swing that would
> > take us to 580 over the next 4 days.
> >
> > All the other possibilities are displayed -- no summing -- no
> > nuttin -- just the facts!!!
> >
> > Clyde
> >
> >
> >
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> > Clyde Lee Chairman/CEO (Home of SwingMachine)
> > SYTECH Corporation email: <clydelee@xxxxxxx>
> > 7910 Westglen, Suite 105 Work: (713) 783-9540
> > Houston, TX 77063 Fax: (713) 783-1092
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> > To subscribe / unsubscribe from SwingMachine list
> > http://www.egroups.com/list/swingmachine/
> >
> > After joining list the freeware SwingMachine program
> > (DOS Version) is available in the VAULT at:
> > http://www.egroups.com/list/swingmachine/
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> >
> >
> >
> > ------------------------------------------------------------------------
> >
> > eGroups.com home: http://www.egroups.com/group/swingmachine
> > http://www.egroups.com - Simplifying group communications
> >
> >
> >
> >
>
>
> ------------------------------------------------------------------------
>
> eGroups.com home: http://www.egroups.com/group/swingmachine
> http://www.egroups.com - Simplifying group communications
>
>
>
>
|