Re: [RT] GEN: for cycle traders

["Earl Adamy" <eadamy@xxxxxxxxxx>]

Distribution per OBV appears to be declining at a slower rate 
than price which suggests there may not be a lot more downside. There is 
reasonably strong support between 43 (62% retracement) and 36 (expansion 
projections). Fib time clusters point to the 8 trading day period 26Oct-6Nov 
with 30Oct-2Nov being the strongest. The depth of Tuesday's decline is such that 
a tradable bottom is unlikely to be in place - I would wait for a retest of the 
low, preferably a bit lower than this low 4-6 trading days out.
 
Earl
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  <A href="mailto:onwingsofeagles@xxxxxxxxxxxxx"; 
  title=onwingsofeagles@xxxxxxxxxxxxx>Gitanshu Buch 
  To: <A 
  href="mailto:realtraders@xxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxx>realtraders@xxxxxxxxxxx 
  Sent: Tuesday, October 17, 2000 12:56 
  PM
  Subject: [RT] GEN: for cycle 
traders
  
  Just wondering if any of the cycle/wave/turning 
  point traders on the list would like to train their models at AOL's 
  chart and tell us what happens next?
   
  Free historical data in Daily/Weekly/Mthly text file 
  format available here:
   
  <A 
  href="http://chart.yahoo.com/d";>http://chart.yahoo.com/d
   
  Thanks 
  GitanshuTo 
  unsubscribe from this group, send an email 
  to:realtraders-unsubscribe@xxxxxxxxxxx






eGroups Sponsor




<img width="468" height="60"
  border="0"
  alt=""
  src="http://adimg.egroups.com/img/9647/0/_/152424/_/971874107/TargetSmBusiness468x602F.gif";>









To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxx