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Ben.
I think there is a rally. I am not fast enough for this sort of stuff. My
sense is it will not last.
Stuart
proffittak wrote:
> 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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