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Re: [RT] Re: Turning Point for both nasdaq and sp500



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hello
 
he is a  software pusher
he was right  for  all of  
1980-1997
but lately  his performance  is  "just above 
average"
also
after finishing  my work this week end
i  see more down on nasdaq  then the 
sp500
for next week i see sp500  performs BETTER then 
nasdaq
best regards
Ben
<BLOCKQUOTE 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Norman 
  Winski 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Sunday, July 01, 2001 12:35 
AM
  Subject: Re: [RT] Re: Turning Point for 
  both nasdaq and sp500
  
  Ben,
    
   It would be nice to know who you are 
  quoting? Is it a friend, a professional technician, insurance 
  salesman? Does he have a track record? Please advise. 
   
  Thanks,
   
  Norman
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    <A title=profitok@xxxxxxxxxxxxx 
    href="mailto:profitok@xxxxxxxxxxxxx";>profitok 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Saturday, June 30, 2001 11:40 
    PM
    Subject: Re: [RT] Re: Turning Point for 
    both nasdaq and sp500
    
    you are right bob
    barrons does not have the new hi for fri
    but yahoo shows this guy is wrong on new hi
    HOWEVER
    i still believe he is right on the  
    markets
    (this does not mean  free fall monday
    but to me it mean  if you are still long, take your 
    money off the table
    Ben
    <BLOCKQUOTE 
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      ----- Original Message ----- 
      <DIV 
      style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
      <A title=bobrabcd@xxxxxxxxxxxxx 
      href="mailto:bobrabcd@xxxxxxxxxxxxx";>BobR 
      To: <A 
      title=realtraders@xxxxxxxxxxxxxxx 
      href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
      
      Sent: Saturday, June 30, 2001 10:46 
      PM
      Subject: Re: [RT] Re: Turning Point 
      for both nasdaq and sp500
      
      What new high list decreased?  Best to 
      recheck those numbers.
      <BLOCKQUOTE 
      style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
        ----- Original Message ----- 
        <DIV 
        style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
        <A title=profitok@xxxxxxxxxxxxx 
        href="mailto:profitok@xxxxxxxxxxxxx";>profitok 
        To: <A 
        title=realtraders@xxxxxxxxxxxxxxx 
        href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
        
        Cc: <A title=vdonovan@xxxxxxxxxxxxx 
        href="mailto:vdonovan@xxxxxxxxxxxxx";>Vincent DONOVAN 
        Sent: Saturday, June 30, 2001 7:40 
        PM
        Subject: [RT] Re: Turning Point for 
        both nasdaq and sp500
        
        hello
         
        recieved this over the weekend.
        i share  the  man's  view,
        nice weekend
        Ben,
        Friday was mixed.The NYSE ADL was strong, but the 
        OTC and AMEX AD lines were not strong.New lows increased on all 
        markets.New highs decreased on all markets, but not enough to turn 
        the new high indicators downward.The secondaries were much stronger 
        than the blue chips.Growth underperformed value in the large cap 
        area and the underperformance was enough toturn the value / growth 
        environment from favoring growth to neutral.
         
         
         
        This recent rally has been limited to small caps and 
        techs and both are a little overbought.The rally is already a day or 
        two longer than the recent rallies of the past 2 months, butwe are 
        in a normally strong end of month beginning of month pre holiday 
        period.
         
        I have mentioned the NASDAQ new high indicator many 
        times and it has been moving upward sincethe beginning of this 
        rally.  The number of new highs on the NASDAQ decreased to 12 above 
        thevalue of the indicator so it will not take much of a decline in 
        NASDAQ new highs to turn theindicator downward.
         
        Surprisingly few of the short term and sector signals 
        have gone long in this rally and it is especially surprising that 
        the OC signal, which is Rydex's take on the NDX did not go 
        longconsidering the strong performance by the NDX over the past 
        week.
         
        Most of the sentiment indicators are neutral, however, 
        watching Wall Street Week Friday nightLouis Rukeyser was as bullish 
        as I have ever seen him.  He all but declared that the 
        marietwould be up a year from now.  Furthermore 3 of the 4 
        panelists declared that we had seenthe lows for the year.  Of 
        the five, only Robert Stoval was reticent.  If the panelists 
        arerepresentative of overall sentiment, it is dangerously 
        bullish.
         
        The recent cycle of approximately 6 day up legs 
        followed by 6 day down legs has now had 8 days in this up leg so a 
        correction is due.  Some possible scenarios are:
         
        1.  The market continues upward for several more 
        days supported by the techs and small caps andthen collapses.  
        This is possible considering we are in the normally strong pre holiday 
        periodthat could easily extend the current rally.
         
        2.  The market corrects for a day or two and 
        resumes its climb.  This would imply that marketsdifficulities 
        of the past month are over and a summer rally has begun.
         
        3.  The market begins a correction that lasts 6 
        days or so and the recent pattern continues.
         
        I am slightly inclined to the first 
        scenario.
         
        Good luck
         
        <BLOCKQUOTE 
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          ----- Original Message ----- 
          <DIV 
          style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
          <A title=ninja@xxxxxxxxxxxxxxx 
          href="mailto:ninja@xxxxxxxxxxxxxxx";>Ninja 
          To: <A 
          title=realtraders@xxxxxxxxxxxxxxx 
          href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
          
          Sent: Saturday, June 30, 2001 
          5:17 AM
          Subject: [RT] Turning Point and 
          Traid Research
          
          <SPAN 
          class=710350707-30062001>Hello,
          
          <FONT 
          size=2>An<SPAN 
          class=710350707-30062001>ybody 
          know how I can get access to Walter Studnicki <SPAN 
          class=710350707-30062001>of Turnin<SPAN 
          class=710350707-30062001>g Point and James Brock of <SPAN 
          class=710350707-30062001>Traid Research.
          They are 
          suppose to have good track record.
          <SPAN 
          class=710350707-30062001>Thanks,
          <SPAN 
          class=710350707-30062001>NJTo 
          unsubscribe from this group, send an email to:<A 
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