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

[RT] Re: Market - OEX

PureBytes Links

Trading Reference Links

 
<x-html>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=windows-1252" http-equiv=Content-Type>
<META content="MSHTML 5.00.3105.105" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT size=2>We completed a clear h&amp;s top on the 1 minute which was 
started late yesterday. Looking for a bounce/bottom today around 1453 basis Dec 
spoo without a higher high - this is the 62% retracement of the rally and the 
100% h&amp;s top projection. In other words an inside day closing closer to the 
top of yesterday's range than the bottom. </FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Earl</FONT></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:detomps@xxxxxxxxxxxxx"; 
  title=detomps@xxxxxxxxxxxxx>DonThompson</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 29, 2000 9:29 
  AM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: Market - OEX</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=Arial size=2>Bob,</FONT></DIV>
  <DIV><FONT face=Arial size=2>According to my&nbsp; Stat work, given we have a 
  down open there is only:</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Arial size=2>
  <DIV><FONT face=Arial size=2>40% chance of getting a higher close.&nbsp; 
  T</FONT><FONT face=Arial size=2>he up closers in this&nbsp; set don't make a 
  lower low but 60% chance have a higher high.&nbsp; The down closers have 40% 
  chance of a Lower Low and a 60% chance of a higher close.</FONT></DIV>
  <DIV>So, there is a fair chance of making a higher high.&nbsp; Although the 
  futures are being sold fairly heavily.</DIV></FONT></DIV>
  <BLOCKQUOTE 
  style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
    <DIV>&nbsp;</DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

</x-html>