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Earl Adamy wrote:
> Norman,
>
> Did I miss something here? My apologies but I don't seem to have the
> original post to insure I get things right ... I thought I read 3
> possible turning point times in approximate 15 minute increments with
> the highest probability at 1046 EST followed by comment that an 8 point
> move (not specified as up or down) would take place at the turning point
> or immediately before. I may be dense, but I can't for the life of me
> figure out how one could trade that kind of information even though I
> can see how one would readily evaluate in retrospect that such a move
> occurred. Perhaps you would be kind enough to re-post the original quote
> and tell us what kinds of things we would look for in order to actually
> enter a trade at the correct time and in the correct direction? I'm
> really not looking for a hand-out of 8 points, but I am very interested
> in learning how one might trade such turning points.
>
> Earl,
The best way to learn from this experiment is to experience it. Watch the
S&Ps at that time.
Cheers,
Norman
>
>
> ----- Original Message -----
> From: "nwinski" <nwinski@xxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Cc: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, June 18, 2000 1:44 PM
> Subject: [RT] Re: Market Outlook
>
> >
> >
> > Jpilleafe@xxxxxxx wrote:
> >
> > > In a message dated 6/17/00 9:00:25 PM Pacific Daylight Time,
> > > wl7bdn@xxxxxxxxxxxxx writes:
> > >
> > > << There is a six to eight dollar move around that time almost
> exactly EVERY
> > > DAY. In fact a 6 pt move is one of the highest probability and most
> common
> > > moves in the contract. Irrespective of the tide tables.
> > > >>
> > >
> > > Michael,...Thanks for stating the obvious regarding Norman's "Market
> > > Outlook". Also intraday pivot often occurs around the 11:30 am
> EST time
> > > when most European markets close and their participation in our day
> session
> > > is ended. Not a big deal. There is much that could be discussed
> here about
> > > intraday turning points,..etc., but I think Earl was looking for
> the Market
> > > Outlook of others,...meaning what to expect over the next days and
> > > weeks..etc. Thanks again. Regards, JIM P.
> >
> > NW: I didn't say around "11:30" AM EST. I said 10:46 AM EDT. You
> ask me to
> > post my
> > market information and then try to berate me for doing it. To quote
> that great
> > modern philosphoper
> > Jerry Seinfeld, "What's the deal?" At this rate, it will be another
> four months
> > or more before I post anything similar. Things must be pretty tough
> for you to
> > have to tear down someone's market projections, in order for you to
> feel better,
> > and before it has even had a fair trial in the market.
> > How about after I am wrong on Monday, you can have a real picnic
> posting how
> > stupid I am?
> > On the other hand, if the times I posted are anywhere near right,
> perhaps you
> > will consider getting off
> > my case permanently? This totally unfair behavior is a good incentive
> for me not
> > to post anything.
> > I am trying to give away some money and you are spoiling the party.
> Why ruin it
> > for the rest of the list? Check out the eggs before you kill the
> goose.
> >
> > Thanks,
> >
> > Norman
> >
> >
> >
> >
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