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hello everyone.
yes, i would like to chime in and say that tomorrow's action, especially
the close, may just clear the mud out of the water, at least in my stream.
i am still holding out the possibility that the action since wednesday
morning was a major stop-runner and perhaps nothing more. most systems
which would have been stopped out of shorts or stopped into longs should
have executed by the close today. if there is anything to this hypothesis,
my guess is that the close on friday would be below the major (now
penetrated) resistance level around spx 1268.
comments welcomed !
dw/humble1
On Thu, 17 May 2001, Clyde Lee wrote:
> Since I let my SwingMachine members look at this then
> maybe some here will see something in this.
>
> By the way, this method talks about turning points in
> terms of time and price -- to me that is necessary ! ! !
>
> Clyde
>
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> Clyde Lee Chairman/CEO (Home of SwingMachine)
> SYTECH Corporation email: clydelee@xxxxxxxxxxxx
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>
> ----- Original Message -----
> From: H.Albizem@xxxxxxxxxxxxxxxx
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Thursday, May 17, 2001 20:35
> Subject: [RT] Re: S&P / NASDAQ
>
>
> --- In realtraders@xxxx, delta88343@xxxx wrote:
>
> > I do not have a definitive analytical opinion at this time.
>
> HA: me too, that is the"problem" I was talking about in my message
> last Sunday 5/13/2001, I don't have a strong conviction of the
> direction until I see the "close" tomorrow.
>
> Haytham
>
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