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Caution on the Probaility Sympathizer on the previously posted
2 charts is the PS has moved to 0.27 above the mid band which has been
resistance as of recent rally attempts. So, I would not put much faith in
a continuation today.
bobr
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
BobR
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Friday, March 23, 2001 6:35
AM
Subject: Re: [RT] STK: INTC, Bottom
picking
psst
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A href="mailto:onwingsofeagles@xxxxxxxxxxxxx"
title=onwingsofeagles@xxxxxxxxxxxxx>Gitanshu Buch
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Friday, March 23, 2001 6:04
AM
Subject: [RT] STK: INTC, Bottom
picking
While this swing/key reversal stuff is admittedly a
weakness in the trading area for me, this may be representative of the
patterns setting up as of today's close if we get follow-through to
yesterday's intraday short covering frenzy.
For perspective, if the Dow were to simply retrace to its
20 day moving average, we would see 5 figures on the index - what is it...
10859 to 9106, a 16% downswing, and potentially a 10% swing higher to
10080-10000 zone.
What a market.... and they told me commodities were wild
broncos and made you go broke.
And yes, in the "credit where credit is due" dept, the
direction call was great - even if it may have been early/off by a few
points: in alpha order - Ben, Bob, Earl, Ira, Joe Duffy, NW, Slawek for
the 2 ep's - and all those who posted whose names I don't
remember....
It doesn't matter, but I could never do that kind of
stuff.
GitanshuTo unsubscribe from this
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