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Well, if we look at the NYA and its cumulative net volume we have two buy
arrows. One on price crossing the classical pivot and the other with the CV
crossing the one hour and one day averages and sloping upward. Looks like a
buy to me.
BobR
http://www.zubee.com
http://www.oextrader.com/sigma_trader
----- Original Message -----
From: "t-bondtrader" <t-bondtrader@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Friday, November 24, 2000 9:35 AM
Subject: Re: [RT] Market - OEX
> Sounds great and I know you are talking about the OEX, but if you take a
look at the S&P, I make the recent retracement to the .382 line, as measured
from the Contract High to the Oct low. We are now approaching this again,
and, notwithstanding today's little bounce, I think the picture looks
decidedly bearish.
>
> The bond boys are all clearly on hols still and for the last half hour or
so we have degenerated into a series of dots on the 5 min chart. But the
upper line of the wedge has been broken and today will be a very narrow
range Inside Day, so I shall expect a move on Monday - and it should be
opposite to the Spoo - but most bets seem to be off until your judges pick
the next President for you, and heaven know when that will be. Long term I
am sure it doesn't matter a hoot who is president, but in the short term it
provides a wonderful opportunity to run the market up and down, to put money
in the pockets of the Big Boys...
>
> Have fun...
>
> Bill Eykyn
>
> > Quote from Astrikos:
> >
> > "The transiting Sun (the known) will form a waning quintile aspect with
> > transiting Uranus (the unknown) on Monday, 11/27. That makes the time
window
> > for this aspect Friday, 11/24 through Tuesday, 11/28. This aspect tends
to
> > signal major market reversals, but as you can see (from the 11/13 low),
> > confirmation is definitely needed. Stay tuned to these pages as we
monitor
> > the markets during this crucial period. When we do get a 'confirmed' low
> > from at least two of the major averages, it will be followed by an
explosive
> > upside rally."
> >
> >
> > ----- Original Message -----
> > From: "Stig O" <olausson@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxx>
> > Sent: Friday, November 24, 2000 5:14 AM
> > Subject: Sv: [RT] Market - OEX
> >
> >
> > >
> > >
> > > >Its gonna happen. When I feel it in the bones, don't sleep, pace the
> > floor,
> > > >dog barks, its gonna happen.
> > >
> > >
> > >
> > >
> > > To me it looks like a continuation Head and Shoulder pattern, which
can
> > explain the comments below by Erik Hadec and Ray Merriman,
> > >
> > > By the way, does anybody have the last issue of Supertraders Almanac?
> > > If so, is this week ans Astroday/week or perhaps High low Pesavento
Index
> > Daily/weekly?
> > >
> > > regards
> > > Stig
> > > Comment s below:
> > >
> > > Fra: INSIIDE@xxxxxxx <INSIIDE@xxxxxxx>
> > > Cc: INSIIDE@xxxxxxx <INSIIDE@xxxxxxx>
> > > Dato: 17. november 2000 18:56
> > > Emne: Watch November 24th!!!
> > >
> > >
> > > If our intermediate cycle work is accurate (which forecast a January
3rd
> > S+P
> > > top, January 17-19th DJIA top, late-Feb stock index low and March 27th
> > peak
> > > earlier this year), then November 24th is a CRITICAL date in stock
indices
> > > and aligns with similar cycles in the energy markets.
> > >
> > >
> > > ----------------------------------
> > > >From Ray Merriman we read the following
> > >
> > > As stated in previous reports, a huge market reversal is due anytime
> > between November 7-December 11. The midpoint of this cluster is November
23,
> > Thanksgiving in the USA.
> > >
> > > The next ten days may be one of the most important periods of the year
in
> > terms of collective psychology (and hence market sentiment). We find the
Sun
> > opposing both Saturn (November 19) and Jupiter (November 27). In the
middle
> > of all of this is Venus square Mars (November 23). I suspect this
portends a
> > very large move in stock prices, the direction of which is probably
> > dependent again on the finality of the election results. If finalized, I
> > expect very sharp rally. If not, I anticipate a train wreck where the
market
> > goes into to a free fall. Along with this outlook, I would expect a
revolt
> > by frustrated segments of the American public, possibly leading to
violence.
> > This then would probably catapult world leaders (at least national
leaders)
> > to take some decisive action to end this meltdown quickly. However,
based on
> > Friday's rather mild close in the stock market, I am not so sure we
won't
> > have a resolution by Monday. There could still be a certain amount of
> > hysteria and dissention even with the election finalized. It's just that
I
> > don't think it will go to such extremes as it would if the results are
> > delayed past this Monday.
> > >
> > > The lunar cycle is bullish through Wednesday, and bearish on Friday.
But
> > that impact will be minimal compared to the results of the election not
> > being finalized.
> > >
> > > http://www.mmacycles.com/artweek.htm
> > >
> > >
> > >
> > > 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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