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SwingMachine seems to say that we might get a short
pullback from this level -- odds 2:1
However, if that does not happen then SM is looking for
a pretty decent move (something like 15 to 20%) from
here.
I would think caution is wise since Tuesday and Wednesday
cotton broke a recent high but failed to close over it.
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: <clydelee@xxxxxxx>
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Houston, TX 77063 Fax: (713) 783-1092
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----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, February 17, 2000 06:03
Subject: [RT] Re: Cotton
> Attached is AGet May daily suggesting a completed w.3 which would lead
> into a w.4 retracement. My continuous unadjusted chart which just
> rolled, showed a major time cluster on 14Feb (right on the high) with
> the next significant time cluster on 1Mar. The next significant time
> cluster on May contract is 3Mar. Time clusters are calculated from
> various Fibonacci time relationships between major pivots. OBV is in
> only fair shape. I wish I had a better feel for cotton as it's near
> historical lows and I intend to be a buyer.
>
> The entire tropical complex (SB, CC, KC, CT) seems to be under
pressure.
>
> Earl
>
>
> ----- Original Message -----
> From: "Ira Tunik" <ist@xxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, February 16, 2000 10:59 PM
> Subject: [RT] Cotton
>
>
> > Could the next stop for cotton be 53.80? Ira
> >
> >
> >
> >
>
>
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