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Now how did he know BR was approaching a buy signal? It looks close on the
$C/$P un-normalized and not too far away on the Normalized. One more day
below 0.5 would say its worth the trade to put some cash on calls. Maybe
Tuesday weekness would offer it up to the takers. A move above the 3 day
avg on the un-normalized would show a reverse in sentiment by switching cash
from the put side to the call side as happens in every rally. So far this
pause appears to be but a correction in the rise off the March/April lows.
I
bobr
----- Original Message -----
From: <Vaugh002@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, May 14, 2001 5:05 PM
Subject: [RT] Market behavior(with a twist)
> May 15 day one of rebound or reflex rally from last week's 11 th turning
> point (lower hi)
> May 16 potential follow though day on put/call buy signal per BOBR
> and hopeful buyer looking for another 400 point up day ala Daddy
Greenbacks
> May 17 eagerly prices edge higher some shorts eyeballs are squeezed
out.Top
> at 10
> AM (how fitting) Prices drift down Media wonders if the market wanted it
> served on rice or just plain Finally SLawkep's Energy Point arrives Floor
> traders unrap it...damn...a basket of Sell Programs from from got it a
> retrograde Martian
> May 18 Futures at a discount to cash a gap down open as price falls int
the
> combine gravitation tug of planets all lined upfrom Winski's
astrophysicist
> May 19 fairy tales to be continued depenting on how much hate mail
> Happy tradin.. The FIB Teller
>
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Attachment:
Description: "$C$Pnorm.gif"
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