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Re: [RT] S&P Support



PureBytes Links

Trading Reference Links

Here's one for the OEX fans.  Looks kind of intriguing, no?  Better go read
"Trading in the Zone" by Douglas before you believe anything you see on this
chart.

bobr

----- Original Message -----
From: "proffittak" <profitok@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, February 24, 2001 8:46 PM
Subject: Re: [RT] S&P Support


> 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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