|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2722.2800" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT size=2></FONT></DIV>
<DIV><FONT size=2>Sorry, Steve, could not resist.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Which of the following is true:</FONT></DIV>
<DIV><FONT size=2>Gann has got someting to do with the stock-exchanges, Elliott
has got something </FONT><FONT size=2>to do with </FONT><FONT size=2>the
stock-bourses,</FONT></DIV>
<DIV><FONT size=2>the fib-fantasy-theory has got something to do with
</FONT><FONT size=2>the stock-market ?????</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Being related means (bloodlined/hooked/connected), doesn't
that make your indicators </FONT><FONT size=2>very ancient</FONT></DIV>
<DIV><FONT size=2>(800 years ago), eg at a time </FONT><FONT size=2>that
they might have worked and provided for the miracles </FONT><FONT size=2>on
the exchanges</FONT></DIV>
<DIV><FONT size=2>back then ?</FONT></DIV>
<DIV><FONT size=2>Shit, they hadn't even started back than, eg the first
historical evidence of </FONT><FONT size=2>people trading and
betting</FONT></DIV>
<DIV><FONT size=2>(taking options) </FONT><FONT size=2>on shipped
</FONT><FONT size=2>cargo loads + their </FONT><FONT size=2>arrival times
</FONT><FONT size=2>(eg the birth of the first </FONT><FONT size=2>public
outdoor held</FONT></DIV>
<DIV><FONT size=2>exchange markets) appeared 'only' </FONT><FONT size=2>in the
</FONT><FONT size=2>very recent </FONT><FONT size=2>history, eg in the late
Golden Century</FONT></DIV>
<DIV><FONT size=2>(still some 300 years ago), and some well </FONT><FONT
size=2>over </FONT><FONT size=2>500 years later than when Fab saw his holy Maria
?</FONT></DIV>
<DIV><FONT size=2>Oh well.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>Since modern times has revealed itself in that the
historical </FONT><FONT size=2>witch-hunts and other ku-klux-clan </FONT><FONT
size=2>alike stuff</FONT></DIV>
<DIV><FONT size=2>was </FONT><FONT size=2>due to mankind itself by
some men starting out hoaxes, eg by word of mouth, eg </FONT><FONT
size=2>one man</FONT></DIV>
<DIV><FONT size=2> -out of anger swearing- </FONT><FONT size=2>would give
</FONT><FONT size=2>another person(woman) </FONT><FONT size=2>a nick-name, and
than suddenly </FONT><FONT size=2>all men believed</FONT></DIV>
<DIV><FONT size=2>the hoax and than made out that </FONT><FONT size=2>that
</FONT><FONT size=2>person(woman) was also what that </FONT><FONT
size=2>name comprised </FONT><FONT size=2>and that</FONT></DIV>
<DIV><FONT size=2>therefore </FONT><FONT size=2>that person(woman) was also to
</FONT><FONT size=2>be put on the burning staple?</FONT></DIV>
<DIV><FONT size=2>Eg, ain't it time you outgrow this childish
parroting stuff, that was thought to you by your master
parrots</FONT></DIV>
<DIV><FONT size=2>at the CMT-course?</FONT></DIV></FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>As of Jan 1st, 2000 my wage's paycheck got a 3% rise, does
that make (the rise/my employer/</FONT><FONT size=2>me) also</FONT></DIV>
<DIV><FONT size=2>ancient + fib related, eg is (he, my employer/it, the rise/me)
therefore also a now a modern day version </FONT><FONT size=2>of</FONT></DIV>
<DIV><FONT size=2>the fib(ulous) natural miracle story ?</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT
size=2>--------------------------------------------------------------------</FONT></DIV>
<DIV>Back to the markets:</DIV>
<DIV></FONT><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>What near future forcast can I get from these ave's? How
should I interpret them on your picture?</FONT></DIV></DIV>
<DIV><FONT size=2>That is what was not so very clear.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>If any, I can see that there is a great bending arch-movement
</FONT><FONT size=2>bowing </FONT><FONT size=2>downwards by Mr SPX ,
and</FONT></DIV>
<DIV><FONT size=2>done so within the horizontal trading ranges and is further
moving (sideways/down) in smaller up+down waves.</FONT></DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>A</FONT><FONT size=2>nd since these ave's are not put on a
'simple + plain bar' chart also (bloom/hide) the fact
that</FONT></DIV>
<DIV><FONT size=2>the </FONT><FONT size=2>7/8 fractal ma </FONT><FONT
size=2>solidly </FONT><FONT size=2>resides </FONT><FONT size=2>on a </FONT><FONT
size=2>much</FONT> <FONT size=2>lower level, eg on a level than cannot
be seen on </FONT><FONT size=2>your</FONT></DIV>
<DIV><FONT size=2>'exponental + volume candled' </FONT><FONT size=2>chart.
</FONT></DIV>
<DIV><FONT size=2>Let alone shows where the also present and solid 3/2
fractal ma support (eg the SMA150) resides.</FONT></DIV></FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Here are the moves:</FONT></DIV>
<DIV><FONT size=2> </FONT></DIV>
<DIV><FONT size=2> near
Nov end - </FONT><FONT size=2>hitted </FONT><FONT size=2>the 1/8 fractal ma
(12.5)</FONT></DIV>
<DIV><FONT
size=2>
on Nov end - hitted the 1/4 fractal ma (25)</FONT></DIV>
<DIV><FONT
size=2>
mid Dec - hitted the 1/3 fractal ma (33.3)</FONT></DIV>
<DIV><FONT
size=2>
early Jan - hitted the 2/3 fractal ma (66.7)</FONT></DIV>
<DIV><FONT
size=2>
now solidly - due to hit the 7/8 fractal ma (87.5)</FONT></DIV>
<DIV><FONT
size=2>
near future - eventualy out to hit the solid 3/2 fractal ma
(150)</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>This is the stuff you will not get thought and will not ever
learn by continue fib-parrot-ing, eg this is</FONT></DIV>
<DIV><FONT size=2>home-brewed </FONT><FONT size=2>self-a-steam-ed </FONT><FONT
size=2>financial cooking working for you.</FONT></DIV>
<DIV><FONT size=2>This is, like your ma's, also not ever usefull stuff to ever
build a (solid) mechanical trade-system on.</FONT></DIV>
<DIV><FONT size=2>Only eye-balling can help the reader determine, this also
mostly afterwards, what the correct level</FONT></DIV>
<DIV><FONT size=2>was/has been </FONT><FONT size=2>to (do/get out of) a
trade.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Above are</FONT> <FONT size=2>projections(targets) only,
(and/but) only history will tell if they shall all come true.</FONT></DIV>
<DIV><FONT size=2>For that I kinda like your "Momentum play" signals better. My
mechinical momentum IMT/ST system</FONT></DIV>
<DIV><FONT size=2>for that matter </FONT><FONT size=2>generated only for today
(0112) many sell signals, of which was one.........Mr SPX.</FONT></DIV>
<DIV><FONT size=2>And the buy signal got only generated last
Oct99..............................</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>Knowing too, you to be a serious trader, and that my
scepticism towards that mediocre </FONT><FONT size=2>so called</FONT></DIV>
<DIV><FONT size=2>'natural wonders" based </FONT><FONT size=2>fib-theory is also
known to you, know that you will not (be/get) offended by my</FONT></DIV>
<DIV><FONT size=2>at the </FONT><FONT size=2>top made
(silly/humorous/evidential) remarks.</FONT></DIV></FONT></DIV>
<DIV> </DIV>
<DIV>Regards,<BR>Ton Maas<BR><A
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A><BR>Dismiss the
".nospam" bit (including the dot) when replying and<BR>note the new address
change. Also for my Homepage<BR><A
href="http://home.planet.nl/~anthmaas";>http://home.planet.nl/~anthmaas</A></DIV>
<DIV> </DIV>
<DIV> </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:kernish@xxxxxxxxxxxx"; title=kernish@xxxxxxxxxxxx>Steve
Karnish</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>RTList</A> ; <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> dinsdag 11 januari 2000 2:38</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Fib MA's and the S&P</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>List,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Sometimes weeks fly by and I don't always get
around to looking at all my 297 indicators, templates and layouts. As a
mechanical, contrarian, oscillator trader, I'd prefer not to be influenced by
the subjectivity of interpretive approaches (Gann, Elliot, etc.).
Thinking hurts my head. I'm all "thunk" out. I spent thousands of
hours refining my love: momentum oscillators (and it took it's toll on
my brain). Having said that...I do enjoy the "dance of the fib
averages". They offer great support and resistance areas...(or is
this just another hairy coincidence?).</FONT></DIV>
<DIV><FONT face=Arial size=2> </FONT></DIV>
<DIV><FONT face=Arial size=2>Steve Karnish<BR>Cedar Creek Trading<BR><A
href="http://www.cedarcreektrading.com";>http://www.cedarcreektrading.com</A></FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Wed Jan 12 20:21:48 2000
Return-Path: <majordom@xxxxxxxxxxxxxxxxxx>
Received: from listserv.equis.com (listserv.equis.com [204.246.137.2])
by purebytes.com (8.8.7/8.8.7) with ESMTP id SAA18421
for <neal@xxxxxxxxxxxxx>; Wed, 12 Jan 2000 18:09:14 -0800
Received: (from majordom@xxxxxxxxx)
by listserv.equis.com (8.8.7/8.8.7) id RAA04518
for metastock-outgoing; Wed, 12 Jan 2000 17:29:04 -0700
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
by listserv.equis.com (8.8.7/8.8.7) with ESMTP id RAA04514
for <metastock@xxxxxxxxxxxxxxxxxx>; Wed, 12 Jan 2000 17:29:00 -0700
Received: from smtp02.wxs.nl (smtp02.wxs.nl [195.121.6.60])
by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id RAA00018
for <metastock@xxxxxxxxxxxxx>; Wed, 12 Jan 2000 17:39:35 -0700 (MST)
Received: from escom ([195.121.221.95]) by smtp02.wxs.nl
(Netscape Messaging Server 3.61) with SMTP id AAB16F8;
Thu, 13 Jan 2000 01:23:54 +0100
Message-ID: <002801bf5d5c$ddb40480$5fdd79c3@xxxxx>
From: "A.J. Maas" <anthmaas@xxxxxxxxx>
To: "RTList" <realtraders@xxxxxxxxxxxxxxx>,
"Metastock-List" <metastock@xxxxxxxxxxxxx>
References: <001901bf5bd4$9f85be80$4731bccc@xxxxxxx>
Subject: Re: Fib MA's and the S&P
Date: Thu, 13 Jan 2000 01:25:54 +0100
Organization: Ms-IRB
MIME-Version: 1.0
Content-Type: multipart/alternative;
boundary="----=_NextPart_000_001D_01BF5D65.23056760"
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2014.211
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2014.211
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
Status:
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2722.2800" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT size=2></FONT></DIV>
<DIV><FONT size=2>Sorry, Steve, could not resist.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Which of the following is true:</FONT></DIV>
<DIV><FONT size=2>Gann has got someting to do with the stock-exchanges, Elliott
has got something </FONT><FONT size=2>to do with </FONT><FONT size=2>the
stock-bourses,</FONT></DIV>
<DIV><FONT size=2>the fib-fantasy-theory has got something to do with
</FONT><FONT size=2>the stock-market ?????</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Being related means (bloodlined/hooked/connected), doesn't
that make your indicators </FONT><FONT size=2>very ancient</FONT></DIV>
<DIV><FONT size=2>(800 years ago), eg at a time </FONT><FONT size=2>that
they might have worked and provided for the miracles </FONT><FONT size=2>on
the exchanges</FONT></DIV>
<DIV><FONT size=2>back then ?</FONT></DIV>
<DIV><FONT size=2>Shit, they hadn't even started back than, eg the first
historical evidence of </FONT><FONT size=2>people trading and
betting</FONT></DIV>
<DIV><FONT size=2>(taking options) </FONT><FONT size=2>on shipped
</FONT><FONT size=2>cargo loads + their </FONT><FONT size=2>arrival times
</FONT><FONT size=2>(eg the birth of the first </FONT><FONT size=2>public
outdoor held</FONT></DIV>
<DIV><FONT size=2>exchange markets) appeared 'only' </FONT><FONT size=2>in the
</FONT><FONT size=2>very recent </FONT><FONT size=2>history, eg in the late
Golden Century</FONT></DIV>
<DIV><FONT size=2>(still some 300 years ago), and some well </FONT><FONT
size=2>over </FONT><FONT size=2>500 years later than when Fab saw his holy Maria
?</FONT></DIV>
<DIV><FONT size=2>Oh well.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>Since modern times has revealed itself in that the
historical </FONT><FONT size=2>witch-hunts and other ku-klux-clan </FONT><FONT
size=2>alike stuff</FONT></DIV>
<DIV><FONT size=2>was </FONT><FONT size=2>due to mankind itself by
some men starting out hoaxes, eg by word of mouth, eg </FONT><FONT
size=2>one man</FONT></DIV>
<DIV><FONT size=2> -out of anger swearing- </FONT><FONT size=2>would give
</FONT><FONT size=2>another person(woman) </FONT><FONT size=2>a nick-name, and
than suddenly </FONT><FONT size=2>all men believed</FONT></DIV>
<DIV><FONT size=2>the hoax and than made out that </FONT><FONT size=2>that
</FONT><FONT size=2>person(woman) was also what that </FONT><FONT
size=2>name comprised </FONT><FONT size=2>and that</FONT></DIV>
<DIV><FONT size=2>therefore </FONT><FONT size=2>that person(woman) was also to
</FONT><FONT size=2>be put on the burning staple?</FONT></DIV>
<DIV><FONT size=2>Eg, ain't it time you outgrow this childish
parroting stuff, that was thought to you by your master
parrots</FONT></DIV>
<DIV><FONT size=2>at the CMT-course?</FONT></DIV></FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>As of Jan 1st, 2000 my wage's paycheck got a 3% rise, does
that make (the rise/my employer/</FONT><FONT size=2>me) also</FONT></DIV>
<DIV><FONT size=2>ancient + fib related, eg is (he, my employer/it, the rise/me)
therefore also a now a modern day version </FONT><FONT size=2>of</FONT></DIV>
<DIV><FONT size=2>the fib(ulous) natural miracle story ?</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT
size=2>--------------------------------------------------------------------</FONT></DIV>
<DIV>Back to the markets:</DIV>
<DIV></FONT><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>What near future forcast can I get from these ave's? How
should I interpret them on your picture?</FONT></DIV></DIV>
<DIV><FONT size=2>That is what was not so very clear.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>If any, I can see that there is a great bending arch-movement
</FONT><FONT size=2>bowing </FONT><FONT size=2>downwards by Mr SPX ,
and</FONT></DIV>
<DIV><FONT size=2>done so within the horizontal trading ranges and is further
moving (sideways/down) in smaller up+down waves.</FONT></DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>A</FONT><FONT size=2>nd since these ave's are not put on a
'simple + plain bar' chart also (bloom/hide) the fact
that</FONT></DIV>
<DIV><FONT size=2>the </FONT><FONT size=2>7/8 fractal ma </FONT><FONT
size=2>solidly </FONT><FONT size=2>resides </FONT><FONT size=2>on a </FONT><FONT
size=2>much</FONT> <FONT size=2>lower level, eg on a level than cannot
be seen on </FONT><FONT size=2>your</FONT></DIV>
<DIV><FONT size=2>'exponental + volume candled' </FONT><FONT size=2>chart.
</FONT></DIV>
<DIV><FONT size=2>Let alone shows where the also present and solid 3/2
fractal ma support (eg the SMA150) resides.</FONT></DIV></FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Here are the moves:</FONT></DIV>
<DIV><FONT size=2> </FONT></DIV>
<DIV><FONT size=2> near
Nov end - </FONT><FONT size=2>hitted </FONT><FONT size=2>the 1/8 fractal ma
(12.5)</FONT></DIV>
<DIV><FONT
size=2>
on Nov end - hitted the 1/4 fractal ma (25)</FONT></DIV>
<DIV><FONT
size=2>
mid Dec - hitted the 1/3 fractal ma (33.3)</FONT></DIV>
<DIV><FONT
size=2>
early Jan - hitted the 2/3 fractal ma (66.7)</FONT></DIV>
<DIV><FONT
size=2>
now solidly - due to hit the 7/8 fractal ma (87.5)</FONT></DIV>
<DIV><FONT
size=2>
near future - eventualy out to hit the solid 3/2 fractal ma
(150)</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>This is the stuff you will not get thought and will not ever
learn by continue fib-parrot-ing, eg this is</FONT></DIV>
<DIV><FONT size=2>home-brewed </FONT><FONT size=2>self-a-steam-ed </FONT><FONT
size=2>financial cooking working for you.</FONT></DIV>
<DIV><FONT size=2>This is, like your ma's, also not ever usefull stuff to ever
build a (solid) mechanical trade-system on.</FONT></DIV>
<DIV><FONT size=2>Only eye-balling can help the reader determine, this also
mostly afterwards, what the correct level</FONT></DIV>
<DIV><FONT size=2>was/has been </FONT><FONT size=2>to (do/get out of) a
trade.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Above are</FONT> <FONT size=2>projections(targets) only,
(and/but) only history will tell if they shall all come true.</FONT></DIV>
<DIV><FONT size=2>For that I kinda like your "Momentum play" signals better. My
mechinical momentum IMT/ST system</FONT></DIV>
<DIV><FONT size=2>for that matter </FONT><FONT size=2>generated only for today
(0112) many sell signals, of which was one.........Mr SPX.</FONT></DIV>
<DIV><FONT size=2>And the buy signal got only generated last
Oct99..............................</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>Knowing too, you to be a serious trader, and that my
scepticism towards that mediocre </FONT><FONT size=2>so called</FONT></DIV>
<DIV><FONT size=2>'natural wonders" based </FONT><FONT size=2>fib-theory is also
known to you, know that you will not (be/get) offended by my</FONT></DIV>
<DIV><FONT size=2>at the </FONT><FONT size=2>top made
(silly/humorous/evidential) remarks.</FONT></DIV></FONT></DIV>
<DIV> </DIV>
<DIV>Regards,<BR>Ton Maas<BR><A
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A><BR>Dismiss the
".nospam" bit (including the dot) when replying and<BR>note the new address
change. Also for my Homepage<BR><A
href="http://home.planet.nl/~anthmaas";>http://home.planet.nl/~anthmaas</A></DIV>
<DIV> </DIV>
<DIV> </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:kernish@xxxxxxxxxxxx"; title=kernish@xxxxxxxxxxxx>Steve
Karnish</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>RTList</A> ; <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> dinsdag 11 januari 2000 2:38</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Fib MA's and the S&P</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>List,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Sometimes weeks fly by and I don't always get
around to looking at all my 297 indicators, templates and layouts. As a
mechanical, contrarian, oscillator trader, I'd prefer not to be influenced by
the subjectivity of interpretive approaches (Gann, Elliot, etc.).
Thinking hurts my head. I'm all "thunk" out. I spent thousands of
hours refining my love: momentum oscillators (and it took it's toll on
my brain). Having said that...I do enjoy the "dance of the fib
averages". They offer great support and resistance areas...(or is
this just another hairy coincidence?).</FONT></DIV>
<DIV><FONT face=Arial size=2> </FONT></DIV>
<DIV><FONT face=Arial size=2>Steve Karnish<BR>Cedar Creek Trading<BR><A
href="http://www.cedarcreektrading.com";>http://www.cedarcreektrading.com</A></FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Wed Jan 12 20:21:52 2000
Return-Path: <listmanager@xxxxxxxxxxxxxxx>
Received: from mail.thetrellis.net ([208.179.56.11])
by purebytes.com (8.8.7/8.8.7) with SMTP id SAA18613
for <neal@xxxxxxxxxxxxx>; Wed, 12 Jan 2000 18:14:34 -0800
Received: from REALTRADERS.COM
([208.179.56.198])
by mail.thetrellis.net; Wed, 12 Jan 2000 17:08:06 -0800
Received: from hotmail.com by realtraders.com
with SMTP (MDaemon.v2.8.5.0.R)
for <realtraders@xxxxxxxxxxxxxxx>; Wed, 12 Jan 2000 17:03:25 +0000
Received: (qmail 9381 invoked by uid 0); 13 Jan 2000 01:05:40 -0000
Message-ID: <20000113010540.9380.qmail@xxxxxxxxxxx>
Received: from 63.24.238.119 by www.hotmail.com with HTTP; Wed, 12 Jan 2000 17:05:40 PST
X-Originating-IP: [63.24.238.119]
From: "Dr. John Cappello" <jvc689@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Subject: [RT] S&R for 1/13/2000/Panic Comments/Far Out Options
Date: Wed, 12 Jan 2000 20:05:40 EST
Mime-Version: 1.0
Content-Type: text/plain; format=flowed
X-MDaemon-Deliver-To: realtraders@xxxxxxxxxxxxxxx
X-Return-Path: jvc689@xxxxxxxxxxx
Sender: listmanager@xxxxxxxxxxxxxxx
X-MDMailing-List: realtraders@xxxxxxxxxxxxxxx
X-MDSend-Notifications-To: listmanager@xxxxxxxxxxxxxxx
Reply-To: jvc689@xxxxxxxxxxx
Status:
Commentary for 1/12/2000:
S&P-It opened within Level 1 and would have bought at 1446.5 but stopped at
1440.6.Things usually get better.
Nasdaq-It opened within Level 1 and would have bought at 3515 stayed in
trade to close at 3503.
S&P
Level 3 R 1459.5..........S 1424.5
Level 2 R 1451.6..........S 1432.4
Level 1 R 1446.8..........S 1437.2 Ideal opening range 1437.2 to 1451.6.No
standard trade if opening is not within Level 1.
Nasdaq
Level 3 R 3639............S 3363
Level 2 R 3577............S 3429
Level 1 R 3540............S 3466 Ideal opening range 3466 to 3577 and ditto
re. Level 1
Panic Comments-There is no reason for me to believe there will be any
greater panic than 1987.I think there will be enough smart money to hang on
that as in that period a recovery will occur.It was the undercapitalized or
over leveraged who went under.And that will happen again.
Graham and Dodd still live on in fundamental analysis and there are still
buys out there if you look.The "new math" based upon price X revenue and
revenue growth has some credence to me if evaluated on cash flow and market
share and ultimate profitability.In the final analysis he who has the best
cash flow still wins.
Far Out Option Trade Made Today
Based upon fundamentals April Live Cattle sold a 66 put at 22.Now I will
probably hear that Ben bought that one too.Well when your hot your hot.Just
kidding.
Sincerely,
John
______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com
|