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Too big I guess, split the message. A final comment on bull flags: the
projection method is bull flag pivot low (142750) + range of flag
(143600 - 140125) which equals 1462. The 62% projection was 1448. With
the 78% retracement of the prior impulse decline at 1448 and the 62%
retracement of the entire decline at 1453, along with some internal wave
projections at 1443 and 1448, there were clear profit targets along the
way.
Earl
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: "List-RealTraders" <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, January 07, 2000 1:20 PM
Subject: Re: [RT] Re: position trading for futures/sp500
> The bull flag setup ... before and after. Note the very tight
> retracement following the run-up from the low. Also, OBV confirmed the
> move.
>
> ----- Original Message -----
> From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxxxxxxxxxxxxx@realtraders.com>
> Sent: Friday, January 07, 2000 11:15 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.
>
>
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