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Hi Kent,
As stated previously, Crude Oil Resistance, Natural Gas Support and
Resistance, Nasdaq-100 Support and Resistance and T-Notes Support and
Resistance are all current, not past, support/resistance levels. Also, as
stated recently in realtraders, the "current" T-Notes S/R levels have not
been successfully violated in over 2-1/2 years, and naturally are still
valid as of today. Like life, the longer a trend has existed, the closer it
gets to its terminus. As you well know, trends do not last forever, linear
or non-linear.
Respectfully,
Brian
Disclaimer: Nothing in this message or referenced charts are to be constued
as trading/ investing advice. Consult a professional broker, professional
trader or financial advisor before trading/investing. There are inherent
financial risks in trading/investing which may expose one to financial
hardship or ruin.
----- Original Message -----
From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, August 25, 2001 4:44 PM
Subject: Re: [RT] Crude Oil Futures - Long Term
> Since you're saving my posts, you would be able to look back and find a
few
> observations. Whether they were worth anything or not is left to the
> reader.
>
> And for the record, I regard questioning methods as worhwhile. On your
> website (where you sell market signals (free plug)), I believe you state
> that this new "stealth" method you've developed can determine support and
> resistance with a mere 2 points and a secret equation. I question this.
>
> Your method looks real good at telling us where support and resistance
were.
> But it looks like we'll have to wait "many years" to determine how
effective
> this method is going forward.
>
> Kent
>
>
> ----- Original Message -----
> From: "BL" <blee7@xxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, August 25, 2001 2:58 PM
> Subject: Re: [RT] Crude Oil Futures - Long Term
>
>
> Hi Rod,
>
> The x-axis units are days for the natural gas and crude charts just
posted,
> though I have examples where the x-axis represent days, weeks, months and
> quarters. I'm not implying "what'' moves the market, I just know that
> financial markets move in straight lines in a unique data dimension (not
> semi-log). These straight lines change direction, for whatever reasons,
> whenever they please. My main goal is to identify these straight-line
> trends once they become evident and realize when a trend change is likely.
> Straight-lines are naturally easy to forecast, thus the channels I place
on
> the charts.
>
> In regards to Kent's sarcastic innuendo, I will just answer with a
response
> he provided earlier this year. Also, he must not have read my recent
posts
> which show current, daily channels for Nasdaq-100, Natural Gas and Crude
> Oil.
>
> >I strongly agree with this. This is not a mailing list with children on
it
> There are some people who never 'cuss and who post >worthless crap and
some
> people who post great info and great carried away a little in the heat of
a
> debate. I'd rather have >substance than pomp and circumstance.
>
> >Kent
>
> I anxiouly await your "non- worthless crap" market insights.
>
> Brian
>
>
>
>
> ----- Original Message -----
> From: "J. Rodney Grisham" <grisham@xxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, August 25, 2001 8:38 AM
> Subject: Re: [RT] Crude Oil Futures - Long Term
>
>
> > Brian,
> >
> > > In the event long-term resistance is defined by the currently defined
> > > resistance curve, it will be many years before the bulls potentially
> have
> > > their way. This is a very shaky projection, however, given the
current
> > > curve has only been tested three times.
> >
> > In this particular case, it is world politics which is controlling
> > prices, not the market itself, IMHO.
> >
> > BTW, what is the x-axis unit of measurement in your recent group
> > of support and resistance charts?
> >
> > Rod
> >
> >
> > 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/
> >
> >
> >
>
>
>
> 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/
>
>
>
>
>
> 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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