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Thanks, Don. I had a measuring objective of 1251.50 that blinked on my
spreadsheet this morning and when it came out, I laughed at it and figured
I hadn't had enough coffee. Sheesh! These moves really teach you to believe
that anything is possible at any time.
Tim Morge
At 02:58 PM 2/21/01 -0600, you wrote:
>Tim,
>Then again looking at a 60min chart the 1342 (actually 1341.80) pivot on
>2-13-01 may not be the one to measure from:
>
>Going to the 1335.80 pivot (on 2-15-01) less 74 = 1261.80 and the 1310.50
>pivot (2-20-01) less 55 = 1255.50 and less 74 = 1236.50
>
>But like I said this market is not acting "normal" perhaps
>don ewers
>
>----- Original Message -----
>From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
>To: <realtraders@xxxxxxxxxxxxxxx>
>Sent: Wednesday, February 21, 2001 2:45 PM
>Subject: Re: [RT] S&P bottom?
>
>
> > Tim,
> > These are rough numbers he gave out a while back in an effort to put a
>price
> > to the timing curve he puts out. They were 26,36,55 and 74 points from a
> > pivot (high or low.
> >
> > Example a while back we hit a 1315 low and then rallied. 1315 +26 points
> > equaled a 1341 target (as well as 1315+36 = 1351, and so on). Prices
>stopped
> > at 1342. Just areas to watch that MAY hold. At the extreme he allows a 6 h
> > slippage, which we exceeded today so a possible negative (meaning the
>market
> > may not be acting "normal").
> > don ewers
> >
> > ----- Original Message -----
> > From: "Timothy Morge" <tmorge@xxxxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Wednesday, February 21, 2001 2:03 PM
> > Subject: Re: [RT] S&P bottom?
> >
> >
> > > Don:
> > >
> > > Can you refresh my memory about how you use time factor points? Or point
> > me
> > > to something to read? I am having a craving to learn more about how
>folks
> > > use time in their trading.
> > >
> > > Thanks.
> > >
> > > Tim Morge
> > >
> > >
> > >
> > > At 01:56 PM 2/21/01 -0600, you wrote:
> > > >
> > > >Lastly 1342.00 the last pivot high less 74 "Time Factor points" = 1268
>(I
> > > >have mentioned him before).
> > > >
> > > >Soooo... lets see if we have a bottom for a wave 4 rally perhaps?
> > > >don ewers
> > >
> > >
> > >
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> > >
> > >
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> > >
> > >
> >
> >
> >
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> >
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> >
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> >
> >
>
>
>
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