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Re: [RT] Re: 5/11/2001 NASDAQ Turning Point



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Can anyone on this list read Joe Duffy's post? It 
looks like Russian or Greek to me.
 
Thanks,
 
Norman
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Joe Duffy 
  
  To: <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
  Sent: Thursday, May 10, 2001 10:56 
  PM
  Subject: Re: [RT] Re: 5/11/2001 NASDAQ 
  Turning Point
  
  Haytham, your posts IMO at least are excellent. Marty Swartz always had a 
  rule to never day trade short if price was above the 10 day ema, and never day 
  trade long if price was below 10 day ema. Its amazing when you go back and 
  look at trade screw ups, how many times something so simple gets overlooked, 
  and how it can save you a lot of aggravation. 
   
   
  ----- Original Message ----- 
  <BLOCKQUOTE 
  style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    <A href="mailto:H.Albizem@xxxxxxxxxxxxxxxx"; 
    title=H.Albizem@xxxxxxxxxxxxxxxx>Haytham Albizem 
    To: <A 
    href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
    title=realtraders@xxxxxxxxxxxxxxx>Realtraders 
    Sent: Thursday, May 10, 2001 10:30 
    PM
    Subject: [RT] Re: 5/11/2001 NASDAQ 
    Turning Point
    
    5/10/2001
     
    The descending has began today, it will 
    accelerate tomorrow.
     
    There in engulfing bearish pattern if you are 
    candlestick trader or outside bar if you are in westerns school of thoughts, 
    there is a lot to say about these patterns, entry, exit, probabilities and 
    how to trade them but I leave it to others who are willing to 
    share.
     
    The above you can read in general trading books 
    so I am not going to waste my time on the above topic.
     
    Beside to all the pieces I added to the big 
    picture yesterday, there is a lot other things I have not told you and every 
    time you add a color or a line to the picture the picture become clearer and 
    clearer until it become a reality.
     
    Mirror Image by continuing the pattern I 
    describe in my message  4530 and 4542( Don't follow this pattern from 
    this date, it is too late...)
     
    NASDAQ closed below the 10 day MA
     
    Look at 2 day/bar and see how Doji bar is 
    forming.
     
    IT APPEAR 5/11/2001 WILL BE A TURNING POINT FOR 
    DJIA AND SP500 ALSO :-) BINGO !!. ENJOY THE RIDE AND HAPPY 
    TRADING.
     
     
    Haytham
     
     
    Disclaimer: THIS MEANT AS A TRADING LIVE 
    EXERCISE, IT IS NOT A RECOMMENDATION TO BUY OR SELL, SO USE YOUR OWN 
    JUDGMENT.
     
     
     
     
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