PureBytes Links
Trading Reference Links
|
Resistance projections were at 1443 and 1448. Stop was moved up steadily
as trade progressed. The bull flag combined with strong breadth was as
close to a gimme trade as they come.
Earl
----- Original Message -----
From: "ROBERT ROESKE" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, January 07, 2000 11:34 AM
Subject: [RT] Re: position trading for futures/sp500
> More specifically I have resistance at 1435.70.
> BR
>
> ----- Original Message -----
> From: Earl Adamy <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, January 07, 2000 10:15 AM
> Subject: [RT] Re: position trading for futures/sp500
>
>
> > March SP 30 minute showing a beautiful bull flag. Low risk
opportunity
> > to add to trading longs with tight stop.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Friday, January 07, 2000 7:54 AM
> > Subject: [RT] Re: position trading for futures/sp500
> >
> >
> > > Set-up pending for tradable rally in S&P - key is 1427 area.
Yesterday
> > > was inside day and NYSE breadth models have been getting stronger
past
> > > two days.
> > >
> > > Earl
> > >
> > > ----- Original Message -----
> > > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxxxxxxxxxxxxx@realtraders.com>
> > > Sent: Thursday, January 06, 2000 6:02 AM
> > > Subject: [RT] Re: position trading for futures/sp500
> > >
> > >
> > > > I watch oscillators based on both daily and weekly NASDAQ and
NYSE
> > > > breadth: a/d, a/d volume, hi/lo. The NYSE breadth has been
improving
> > > for
> > > > past couple of weeks. This decline has not been accompanied by
the
> > > > massive deterioration I would expect to see in a major sell-off.
> > > Always
> > > > subject to revision as the market dictates, but at this point
the
> > bull
> > > > does not appear to be dead. I note further that the Ru2000 small
cap
> > > > index has formed a very nice C&H bottom which could support a
nice
> > > > advance assuming the 470 area (March) manages to hold which
would be
> > a
> > > > 38% retracement of the rally from the October low.
> > > >
> > > > Earl
> > >
> >
> >
> >
>
|