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Bob,
The following is a picture covering pretty much the same period that
you sent to me.
Using the timing on a daily basis the probability that we have reached
the lowest low of this leg is small.
However, that does not preclude a one or two day burst to the upside
well within any trend zone that can be drawn.
Earlier post indicates a quick pop likely.
Clyde
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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
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----- Original Message -----
From: "ROBERT ROESKE" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, January 20, 2000 18:20
Subject: [RT] Options - put volume
> Hey Clyde, what do your option volume charts say about Friday? Or how
about
> an update on the Swing Machine? Mkt swung the opposite of the
Machine's
> output. Thursday's put volume in the lower plot hit the yellow line
which
> may indicate a short term low good for a few days.
>
> BobR
>
>
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