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Bob,
The standard indicators are overbought . However, we have had some good
accumulation going on recently, the NDX chart looks like it formed a nice W
formation. I would be a buyer on any weakness that may come in to correct
the o/b condition. The a/d line on NYSE is in good. The a/d line on the NDX
is still not in good shape.
Dom
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Tuesday, January 23, 2001 8:11 PM
Subject: Re: [RT] Re: Mkt - Naz astro
> Forget the astro for a sec and consider, volatility, price distribtution,
> price trend and a down to earth trader might conclude that the odds for a
> trend change(no magnitude predicted) are higher now than they were a few
> weeks ago....but if you want a 99.9% correct indicator, then take the
> opposite side of all my trades. Sound familiar.
>
> BobR
>
> ----- Original Message -----
> From: <onwingsofeagles@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxx>
> Sent: Tuesday, January 23, 2001 4:18 PM
> Subject: [RT] Re: Mkt - Naz astro
>
>
> > I think Norman has a valid point re taking these Jupe-Sat events as
> > markers for the long term.
> >
> > Amazes me that he alluded to, but nobody seems to have researched it
> > yet - the rare number of times this particular combination has
> > happened.
> >
> > If someone sends me the dates, I'll be happy to post
> > charts/historical events in the before-after.
> >
> > Lynn/DonT/Norm himself? Please?
> >
> > BTW - Didn't mean to have the website/astro dissed, it was a "just
> > kidding" comment on the fly... and in any case, everybody's entitled
> > to use stops.
> >
> > Heck, today was a great example of OEX moving up 10+ handles but the
> > ATM calls from yesterday gaining only 2 for most of the day. Falling
> > vols, rising underlying prices, fast asleep calls.
> >
> > Gitanshu
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxx
> >
> >
> >
> >
>
> To unsubscribe from this group, send an email to:
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>
>
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