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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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