[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[RT] Re: Buy Signal Given on Nasdaq



PureBytes Links

Trading Reference Links

<x-flowed>
Hey Dom,
Do you have a re-entry level? I understand there is a FIB
level about here, 3720? Would appreciate your support and resistance
levels for NASDAQ. Oh, I was wrong in three trades this morning,
just part of the business.


>From: "Dom Perrino" <domenick@xxxxxxxxxxxx>
>Reply-To: "Dom Perrino" <domenick@xxxxxxxxxxxx>
>To: "<realtraders@xxxxxxxxxxxxxxx> \"Realtraders@xxxxxxxxxxxxxxx\"" 
><realtraders@xxxxxxxxxxxxxxx>
>Subject: [RT] Re: Buy Signal Given on Nasdaq
>Date: Fri, 22 Sep 2000 12:31:27 -0400
>
>I base my signals on technical analysis not on gut feeing.If anyone bases 
>their buy/sell signals on gut feeling then I agree with you . I will see if 
>I can locate my posting on 09/01/00 where I cited just a few of them. It 
>seems unnecessary to me to post indicators every time .Most technicians use 
>the same indicators that they prefer ( over other indicators used by other 
>technicians).Technical analysis is an art not a science. You don't discard 
>them if they don't catch exact tops or bottoms.When I get a signal on the 
>Dow Jones that signal applies applies to the entire stock market It 
>represents a change in trend A signal given only by the Nasdaq needs a 
>follow up Confirming signal by the Dow Jones. I explainrd this in the 
>recent posting. Read the print not just the Heading.
>Dom--- Original Message -----
>   From: James Taylor
>   To: Dom Perrino ; Realtraders@xxxxxxxxxxxxxxx
>   Sent: Friday, September 22, 2000 11:27 AM
>   Subject: Re: [RT] Re: Buy Signal Given on Nasdaq
>
>
>   Key support levels are not broken on the Nasdaq, we still have higher 
>lows.
>   Until these levels are taken out, I will not short the index futures.
>   Instead, I am short a ton of individual stocks.  The advance/decline 
>line is heading steadily lower,
>   clearly indicating the fact that more stocks are going down than up.  
>It's a numbers game,
>   diversify, and short a basket of stocks, each of which is in a clear 
>downtrend, use trailing stops, and take profits on large overextended 
>drops.  This recipe has worked well so far for me.  Can't wait to short the 
>Nasdaq index, US dollar index.
>   Am short a few US T-Bonds.   Blurting that it is 'a buy signal' for a 
>index based on nothing but gut feel opinion does nobody any good, CNBC is a 
>great source for such nonsense.
>
>
>     ----- Original Message -----
>     From: Dom Perrino
>     To: realtraders@xxxxxxxxxxxxxxx
>     Sent: Friday, September 22, 2000 5:17 AM
>     Subject: [RT] Re: Buy Signal Given on Nasdaq
>
_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

Share information about yourself, create your own public profile at 
http://profiles.msn.com.

</x-flowed>