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----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, August 18, 2001 9:12 PM
Subject: Re: [RT] Natural Gas Resistance
> 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,
NOW reading for Aug. 17 close was +1.84 . +1.50 or greater is buy
territory. 1.84 is highest reading of bearish sentiment, that I remember, in
at least a year or two. Caveat: This is based on option stats and those
numbers tend to be less reliable near expiration. Let's see if there is a
big change on Monday's close. Otherwise, we should be 1-2 days from a
bounce. 8/22-23 looks interesting for an Astro CIT window.
Cheers,
Norman
>
> ----- 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
> > >
> > >
> > >
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> > >
> > >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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> >
> >
>
>
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