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I see no indication of a rally
in the NAZ or S&P indexes futures.
Adam Hefner
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Norman
Winski
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx ; <A
title=gannsghost@xxxxxxxxxxxxxxx
href="mailto:gannsghost@xxxxxxxxxxxxxxx";>gannsghost@xxxxxxxxxxxxxxx
Sent: Wednesday, August 29, 2001 12:16
AM
Subject: [RT] 8/28 CL NOW INDEX
The NOW Index, my proprietary measure of
stock option sentiment, went into buy territory as of the close of Aug. 28.
with a + 1.53 reading. 1.50 or greater is considered a buy. <FONT
face=Arial size=2>This means that it is likely that the US stock market
is within one trading day of a rally. However, if the NOW has additional
days of being in buy territory, this increases the chances for a major bottom
and rally. I wouldn't make a trade based on only one indicator.
But, with NOW in the buy zone, I would be very careful or avoid being short
and look for low risk buying opportunities.
Offering support to the NOW buy
signal, my Planetary Index is pointing higher and my
Fibonacci Cycles forecast model is due to make a low now.
Travel at your own risk.
Good Trading,
Norman Winski
<A
href="mailto:nwinski@xxxxxxxx";>nwinski@xxxxxxxx
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