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Forgive me I am not a forecaster.. just a trader!
"Gentle" Ox..
tightening ranges make for "Stellar" results......one man's rubbish is another
man's treasure!
Don Thompson wrote:
> Right, sure it can.
> But if the probability of a forecast range high for today was 1275.10, and
> the forecast like for today called for about 85% chance of a higher high.
> and the higher high was made in the early am on a gap up, the higher high
> forecast has been full-filled at the forecast range of X on no news and the
> net advances
> were not really stellar. All I am saying is the News is probably the only
> thing to move it up, or astro or geometry ... or Research makes it move
> up....
> it trades down to a forecast low or a pivot and it moves up.
> So if there is no news that is going be traded against, historical
> probability if high enough will win. News always wins!
>
> Don
>
> ----- Original Message -----
> From: "Gentle Ox" <enchant@xxxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, May 08, 2001 9:02 PM
> Subject: Re: [RT] Re: .S&P Tightening Ranges Make for Poor Results
>
> > Don Thompson wrote:
> >
> > > . No New, why should it go higher?
> >
> > Because it can......?
> >
> > Stephen
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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> >
> >
>
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