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How about a read on your NOW index Norman? Is it in contradiction with or
supportive of your astrotech view? How much would you weight the NOW now on
your scale of importance for indicators?
thanks,
bobr
----- Original Message -----
From: "Norman Winski" <nwinski@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, August 18, 2001 4:20 PM
Subject: Re: [RT] Natural Gas Resistance
> BL,
>
> My little trading tip in regard to natural gas is that lightening
seldoms
> strikes twice in the same place. NG in the past year had a once in a
decade
> or perhaps once in a lifetime move. Look at other historical blow off
market
> moves and you will see that in the following years it usually becomes
> increasingly difficult to trade these markets for many years. There is a
> saying that Generals and traders tend to fight the last battle long after
it
> is over. Look for opportunity where everyone is convinced that there is
no
> opportunity such as severly derpressed markets that are long forgotten.
> Silver looks interesting now for both the short term and long term. Cotton
> and Coffee, which are near their 25 year lows, may be ripe for a good
short
> term move in about
> two-three weeks.
>
> Cheers,
>
> Norman
>
>
> ----- Original Message -----
> From: "BL" <blee7@xxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, August 18, 2001 6:39 PM
> Subject: [RT] Natural Gas Resistance
>
>
> > Here is a current look at Natural Gas futures (closing, reverse adjusted
> > prices). Price is just under its non-linear resistance. The entire
shape
> > of the non-optimized, non-linear resistance curve (past, present and
> future)
> > is entirely defined by the price and time at the chart's price peak and
> > price and time at the curve's second point of coincidence with price. -
> > Brian
> >
> > Disclaimer: This is not trading advice. It is merely an observation of
> one
> > indicator applied to one market, which can be entirely wrong. Do not
make
> > trading decisions based on the information provided. Trading futures
> > involves extreme financial risk which is not limited to the monies one
> > pledges as margin capital..
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
>
>
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>
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>
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>
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