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Re: [RT] I Posted another SM short term



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Earl,

my daytrading is very short term, almost mechanical and I don't try to
predict
next moves, however, I noticed that you use regr line channels, so I thought
I'd mention that SPU1 hit the upper line of my 610 tickbar RL channel drawn
betw H of 5/22 and H of 7/2 and closed below it today.
RL channel drawn from 5/22 to H of today would be slightly broken.

Jan Philipp

----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, July 13, 2001 3:21 PM
Subject: Re: [RT] I Posted another SM short term


> I took a rare trading day off to play golf. I see the market went down to
> support above yesterday's consolidation area and closed above the
1220-1223
> resistance area ...  a sign of strength and probable move up to 1233 area.
>
> Earl
>
> ----- Original Message -----
> From: "Don Thompson" <detomps@xxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, July 13, 2001 10:33 AM
> Subject: Re: [RT] I Posted another SM short term
>
>
> > Earl,
> > So how you going to wager on the Big SnP 500 filling this 1221.60 Gap
left
> > on 7/05??
> > :)
> >
> > Don
> >
> > Subject: Re: [RT] I Posted another SM short term
> >
> >
> > > I suspect your higher high will come to pass and quite likely closer
to
> > the
> > > open than the close ... SP futures failed to complete a little work
into
> > the
> > > 1220-23 area yesterday. Not that it has to, but this zone includes two
> > > expansion targets and one retracement target. If my hourly counts are
> > > correct, hitting these targets would complete a minor 5 wave expansion
> off
> > > the lows setting up a correction to that expansion.
> > >
> > > Earl
> > >
> > > ----- Original Message -----
> > > From: "DonThompson" <detomps@xxxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Thursday, July 12, 2001 10:22 PM
> > > Subject: Re: [RT] I Posted another SM short term
> > >
> > >
> > > Clyde,
> > > I found a high probability for a higher high for tomorrow, by querying
> on
> > > the basis of
> > > a three EOD look back, ie roughly using the last three days as a
> template.
> > >
> > >
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> > >
> > >
> > >
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> > >
> > >
> >
> >
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> >
> >
> >
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> >
> >
>
>
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