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Hello
my work suggested an oversold condition not seen since sep on the nasdaq
this is based on an indicator invented by vincent and is proproetery
it is so uniq it can become more overbought on a down day!
also my own volume indicator was on extrame oversold (also proprietery
and oversold that much 3-4 times per year)
now, that only mean 8% from fri low to next fri hi
and 13% from fri nasdaq low to next fri hi
(could be 3/9 too)
----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, February 23, 2001 6:08 PM
Subject: Re: [RT] S&P Support
> Ben (prosper),
> I hope you are right on the timing but not %'s (a 98 handle down = 8% day
on
> the SP's would have been interesting).
>
> Predicting time AND price has been always dangerous in our industry, as I
> have always heard and come to understand?
>
> What was the basis for your prediction on time and price may I ask
(Gann?).
> don ewers
>
> ----- Original Message -----
> From: "proffittak" <profitok@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, February 22, 2001 8:08 PM
> Subject: Re: [RT] S&P Support
>
>
> > Hello
> >
> >
> > I can asure you BOTH nasdaq and sp500
> > WILL bottom tomorrow!
> > objective 8% from lowest low
> > and 13% for nasdaq
> > Ben
> > ----- Original Message -----
> > From: "Ira Tunik" <irat@xxxxxxxxx>
> > To: "realtraders" <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Thursday, February 22, 2001 7:06 PM
> > Subject: [RT] S&P Support
> >
> >
> > > Now the question is will my 1245 support number hold for a little
> > > while? If so, could there be a bear market rally that really rips
the
> > > shorts? Good trading and a good week end. Ira.
> > >
> > >
> > >
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> >
> >
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