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[RT] Re: Buy Signal Given on Nasdaq

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<DIV><FONT face=Arial size=2>You sound like you have been a regular quest. 
Perhaps you can tell us when to go long or short the market.</FONT>----- 
Original Message ----- </DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  <A href="mailto:jptaylor@xxxxxxxxxxxxxxx"; title=jptaylor@xxxxxxxxxxxxxxx>James 
  Taylor</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Friday, September 22, 2000 4:35 
  AM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: Buy Signal Given on 
  Nasdaq</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=Arial size=2>Buy signal on the Nasdaq huh ?</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Arial size=2>You should be on CNBC, as a special 
  guest.</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV>&nbsp;</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:domenick@xxxxxxxxxxxx"; title=domenick@xxxxxxxxxxxx>Dom 
    Perrino</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>To:</B> <A 
    href="mailto:<realtraders@xxxxxxxxxxxxxxx" 
    title=realtraders@xxxxxxxxxxxxxxx>mailto:&lt;realtraders@xxxxxxxxxxxxxxx</A> 
    </DIV>
    <DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, September 21, 2000 8:53 
    PM</DIV>
    <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: Buy Signal Given on 
    Nasdaq</DIV>
    <DIV><BR></DIV>
    <DIV><FONT face=Arial size=2>The rally by the Dow Jones that occured today 
    and that I I referred to in the post of 9/20 was very weak and not the 
    strong rally that should result from an extremely oversold condition . This 
    coupled with the fact that the Dow Jones failed to give a buy signal to 
    confirm the buy signal given on the Nasdaq and the overreaction on the Intel 
    warning&nbsp;does not bode well for the market. A waterfall decline that 
    could carry into next week is a very probable scenario.I was very carefull 
    in highlighting the importance of a buy signal by the Dow Jones to validate 
    the Nasdaq signal.</FONT></DIV>
    <DIV><FONT face=Arial size=2>The Intel Warning will be the straw that will 
    terminate ? the slide that started on 9/1/00.I call the shots here as they 
    are and not as I would like them to be.It's ironic I went long intel 
    today.</FONT></DIV>
    <DIV><FONT face=Arial size=2>Regards,</FONT></DIV>
    <DIV><FONT face=Arial size=2>Dom</FONT>----- Original Message ----- </DIV>
    <BLOCKQUOTE 
    style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
      <DIV 
      style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
      <A href="mailto:domenick@xxxxxxxxxxxx"; title=domenick@xxxxxxxxxxxx>Dom 
      Perrino</A> </DIV>
      <DIV style="FONT: 10pt arial"><B>To:</B> <A 
      href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
      title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
      <DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, September 20, 2000 
      7:58 PM</DIV>
      <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Buy Signal Given on 
      Nasdaq</DIV>
      <DIV><BR></DIV>
      <DIV><FONT face=Arial size=2>A buy signal was given on Nasdaq as of close 
      on 9/19/00. QQQ(Nasdaq 100 Trust) confirmed buy as of close 
      today(9/20/00).</FONT></DIV>
      <DIV><FONT face=Arial size=2>Dow Jones has not yet given a buy signal. A 
      close by the Dow above 10825 is one of the necessary elements.&nbsp; .So 
      watch for that figure. If my other indicators confirm I will post the buy 
      signal on the Dow if and when it comes.One of my proprietary indicators of 
      the Dow still does not look good. The Dow is extemely oversold and a good 
      rally could ensue at any time.Act accordingly.&nbsp;</FONT></DIV>
      <DIV><FONT face=Arial size=2>A buy signal on Nasdaq not accompanied by 
      abuy signal on the Dow Jones calls for extra caution even if one trades 
      Nasdaq only.</FONT></DIV>
      <DIV><FONT face=Arial size=2>Remainder: Although the signals rendered by 
      various technical indicators are quite reliable. We have to remind 
      ourselves(yours truly included) that no indicator(s) are infallible nor 
      can they predict the markets with certainty.Therefore we must all proceed 
      with caution.&nbsp;</FONT></DIV>
      <DIV><FONT face=Arial size=2>Dom.&nbsp; 
</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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