PureBytes Links
Trading Reference Links
|
This is in part a test but I have included a reply to a friend about
the SP00z.
How do we attach a chart? Sorry since I can't see how to do it this
will not make much sense but here it is.
I took a look at the H&S on SP00z, I've seen so many broken shoulders
on it in the past that I hardly even consider it. I think that this
will be no different. I'm sending along a one of my charts of SP00z.
We have a strong divergence in the making and the two yellow lines on
the chart are the same length but different angles. When you have
similar moves like this, it means that a reversion to the mean is
highly likely. Of course the 34 year low in unemployment rocked
things on Friday, and could lead to further trouble. With the
Presidential election on Nov 7 it seems unlikely to me that
anything major will happen.
-------------------------- eGroups Sponsor -------------------------~-~>
eGroups eLerts
It's Easy. It's Fun. Best of All, it's Free!
http://click.egroups.com/1/9698/0/_/152424/_/971139550/
---------------------------------------------------------------------_->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxx
|