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RSI diverged on last two upticks.
if it goes again looks like 23.25 is viable target
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, July 17, 2001 13:34
Subject: Re: [RT] Intra-day market activity
> The other reason for the resistance at 1215 is the OEX and the Exchange
> composite ratios have neutralized removing the impetus from the options
> arenas. 1.0 is dead neutral for the dollar weighted OEX. Thus, it can go
> either way, up, down, sideways. It truely is a coin toss right now.
>
> bobr
>
> ----- Original Message -----
> From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, July 17, 2001 11:24 AM
> Subject: Re: [RT] Intra-day market activity
>
>
> > Bob, what's of greater interest in this trendiness, put selling or call
> > buying? They are interactive, but they have their own divergences. Right
> now
> > the put selling has reaccellerated, and call buying has slacked a
little.
> Is
> > this cutting too fine a line?
> >
> > 13:24 CT
> >
> >
> > ----- Original Message -----
> > From: "Randall Kurzon" <rkurzon@xxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, July 17, 2001 12:59
> > Subject: Re: [RT] Intra-day market activity
> >
> >
> > > Well we sure seem to be hitting overhead resistance. One of my
> proprietary
> > > oscillators says this move up will take a little break now- we'll see.
I
> > > show the next major resistance level at about 1220 and then at around
> > 1225,
> > > Friday's high. Anyone see a particular reason we should be stalling
out
> > here
> > > (1214-15)?
> > >
> > > Randall
> > >
> > >
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> > >
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