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Hello Kent,
KR> Another serious question (OH GOD, THAT'S 2 IN A ROW!!!)
can you tell when i'm serious or kidding? if you can then i need to
improve my skills of bi-latteral communication symmetry.. ;-)
KR> In order for these levels to have some value on the S&P futures (regardless
KR> of whether that value is generated thru magic or by the masses), price must
KR> reverse or atleast pause at these levels some percentage of time.
oop's you used that word (must) what! were you thinking?
KR> In order
KR> for this to occur, the SPX (cash, not futures) must do the same (or not
KR> which is the point of the question), and in order for that to occur the
KR> components of the SPX must do the same. In other words, theoretically, the
KR> individual stocks drive the cash which drives the futures.
i gave you a second chance and what do you do? (must you continue to
use must?) please never ever say that word again or you will be
fired, i only had to hear this twice in my life to get it. so maybe
you are smarter than i am and can comprehend with one warning.. there
is no must when it comes to astro psychics and the markets. there are
likely hoods and possibilities those are permissible ok?
KR> But for the fibo
KR> levels to be significant, there must be some linkage where the fibo S&R on
KR> the index (or the futures) drives the activity in stocks.
gosh darn it, i'm overlooking this one i didn't see a thing. good
help is hard to find even though it may take a while for sensibility
to sink in..
KR> The driver could be spooz traders trading or it could be daytraders watching
KR> the SPX or perhaps something else?
KR> Basically, the question is do you think the spooz drive the stocks or the
KR> other way around most of the time? Some of the time? At certain junctures?
KR> For the record, I also believe the levels are self-fulfilling.
i think that there are a couple of scenarios being played out
simultaneously at the same time. i will rehead a different post for
these answers while you "must" think about or ponder the error's of
you ways!
KR> Kent
--
Have a real nice day,
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