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Your BPTI's made great anticipatory turns last week, Ben! Good job.
bobr
http://www.oextrader.com/sigma_trader (log of daily perceptions and BS)
http://www.zubee.com (affiliation = partner in a new ISP)
----- Original Message -----
From: "profitok" <profitok@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, August 26, 2001 8:30 PM
Subject: Re: [RT] sp500
> the trick is also to run BOTH
> on 1/2 cycle
> meaning,, instead of 18 and 36 days use only 9 and 18
> ding that you can visualize DIVERGENCES much BETTER
> and if you have time to post you can post the score too
> best regards
> Ben
> ----- Original Message -----
> From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, August 26, 2001 8:18 PM
> Subject: Re: [RT] sp500
>
>
> > Suppose the McClellan Osc of volume is layed along side the McClellan
Osc
> of
> > issues. Last week the Issue osc was whipsawing above zero while waiting
> for
> > the volume oscillator to cross above zero. Friday was the charm. So
> > technically both are on a buy now if you call crossing zero a buy...they
> are
> > both still in the neutral zone of +,-50. There have been some pretty
good
> > trades with these oscillators from the beginning of the year. I would
not
> > toss them out because of recent performance, and would expect them to
pick
> > up importance again as we enter September and then the 4th quarter.
> >
> > bobr
> > http://www.oextrader.com/sigma_trader
> >
> > ----- Original Message -----
> > From: "profitok" <profitok@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Sunday, August 26, 2001 5:09 PM
> > Subject: Re: [RT] sp500
> >
> >
> > > I completely agree,,
> > > ----- Original Message -----
> > > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Sunday, August 26, 2001 6:30 PM
> > > Subject: Re: [RT] sp500
> > >
> > >
> > > > The McClellan Oscillator appears to have become near useless as a
> market
> > > > timing tool (ala Time Trend III) because it is whipsawing back and
> forth
> > > so
> > > > frequently ... this may in large part be due to decimalization which
> has
> > > > apparently caused unchanged issues/volume to decline and advancing
> > > > issues/volume to increase. I would also note that VIX after a modest
> > rise,
> > > > declined to 22 and change on Friday ... not the levels from which
> major
> > > > rallies are launched. There are many times, while trading S&P
futures,
> > > that
> > > > I have the distinct impression that the locals are fully in charge.
In
> > my
> > > > view, Friday's rally was impressive but suspect. Consider that CSCO,
> the
> > > > alleged instigator of the rally, is selling at an astronomical PE
...
> a
> > > > clear indication that the tech bulls have not thrown in the towel. I
> > don't
> > > > know if it will be next week, next month, or next year, but I firmly
> > > believe
> > > > this market is going a lot lower.
> > > >
> > > > In the meantime, I just try to pick off some of each day's swing and
> my
> > > > trading bias remains down until a base is in. However, I am
attaching
> a
> > > > chart of the spoo, which makes a credible case that 5 waves down
have
> > been
> > > > completed. If this is the case we should expect an ABC rally which
> > > retraces
> > > > to the general vicinity of the W.4 high around 1234. This seems to
> jive
> > > with
> > > > the weekly counts which suggest that the larger W.5 is not complete.
> > > >
> > > > Earl
> > > >
> > > > ----- Original Message -----
> > > > From: "profitok" <profitok@xxxxxxxxxxxxx>
> > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > Cc: "Vincent DONOVAN" <vdonovan@xxxxxxxxxxxxx>
> > > > Sent: Sunday, August 26, 2001 12:05 PM
> > > > Subject: [RT] sp500
> > > >
> > > >
> > > > > Hello
> > > > > the sp500 is somewhat stronger then the NASDAQ(Mcllullen osc at
a
> > > better
> > > > reading) I still see a decrease for next week
> > > > > a lake of participation (low holiday week)
> > > > > the 5 day total trin the 5 day Ave trin and the 10 day Ave trin
are
> at
> > a
> > > > 15 day low
> > > > > add to that a decreasing p/c and
> > > > > the icing on the cake an increase in price without an increase in
> new
> > hi
> > > > > be careful
> > > > > Ben
> > > > >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
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http://docs.yahoo.com/info/terms/
> >
> >
>
>
>
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