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Ira, as a guy who once took exception to you, I must say now, I think your
analysis is of truly superior quality. Is it has stood the test that
matters----you do hang your buns out, but they rarely get burned. I suggest
we all keep the number 1274 dec sp future in the back of our minds.
----- Original Message -----
From: Ira Tunik <ist@xxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Wednesday, November 22, 2000 7:37 PM
Subject: Re: [RT] @cco
> We are talking apples and oranges. The S&P Dec future doesn't have a
support
> level until it reaches the 1290 area and there is resistance at 1345 area.
The
> S&P index has support at 1330, which we have penetrated by a little. If
this
> level doesn't act as support and acts as resistance, we are looking at
1290 and
> then 1274 for the next 2 support areas. There is a 70% probability to the
1274
> being hit. These are the numbers that I am working with. I had posted
that
> Nadsaq number a while back. Now that my little buns are hanging out once
again,
> let us see what actually happens. Have a good holiday, Ira.
>
> Michael Ferguson wrote:
>
> > Ira,
> >
> > SP sold almost to the close, with little short covering. The locals and
some
> > commercials were offered almost to the last minute. Does this suggest
they
> > are looking for a lower spot to cover? Only a half-day Friday to square
> > positions.
> >
> > ----- Original Message -----
> > From: "Ira Tunik" <ist@xxxxxx>
> > To: "realtraders" <realtraders@xxxxxxxxxxx>
> > Sent: Wednesday, November 22, 2000 18:13
> > Subject: [RT] @cco
> >
> > > I have support on 2 different time cycles at this 2700 area for the
> > > nasdaq index. So if you are short, I believe that it is time to
tighten
> > > up the stops. Just an observation. Have a good holiday. Ira.
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxx
> > >
> > >
> > >
> > >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
>
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