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Stephen,
How do tightening ranges make for stellar results? Are you referring to
range breakouts?
Zbig
----- Original Message -----
From: "Gentle Ox" <enchant@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, May 08, 2001 9:32 PM
Subject: [RT] Tightening Ranges Make for Poor Results WRONG
> 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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http://docs.yahoo.com/info/terms/
> > >
> > >
> >
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> >
> >
> >
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>
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