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Re: [RT] 8/28 CL NOW INDEX



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Composite Set is unanimoulsy in agreement for a 
rally.
 
bobr
 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Adam Hefner 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Cc: <A title=graintrader@xxxxxxxxxxxxxxx 
  href="mailto:graintrader@xxxxxxxxxxxxxxx";>graintrader 
  Sent: Wednesday, August 29, 2001 5:54 
  AM
  Subject: Re: [RT] 8/28 CL NOW INDEX
  
   
      I see no indication of a rally 
  in the NAZ or S&P indexes futures.
   
      Adam Hefner
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    <A title=nwinski@xxxxxxxxxxxxxxx 
    href="mailto:nwinski@xxxxxxxxxxxxxxx";>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. 
    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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