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Hi Don,
>Where you figure to put in your stop?
I would never personally traded this curve Long until it proves to me to
that it can indeed hold; thus no trade - no stop required.
>You got any ideas how to figure
> failure of the parabolic?
Naturally, this is very subjective. My persoanl preference is if it fails
and does not return to the original curve fairly quickly, don't trust it any
longer for predictive purposes.
>Got any patterns that you thought were gonna find
> the support and
> took a dump one way or the other..
Take a look at http://www.hitech-analytics.com/ibex35_channel.pdf which is
the Spanish stock index (IBEX 35) the day of the terrorist attacks. This
very well defined 1-year "Stealth" Channel was breached violently to the
downside that day, signaling the end of the current support curve. Even
though a curve fails, it provides valuable information 1) the current trend
is no longer in effect, and 2) start looking for the first formation of the
next trending curve.
Brian
Disclaimer: This memo and referenced chart do not represent trading or
investing advice. Consult a professional financial advisor prior to
trading/investing.
----- Original Message -----
From: "Don Thompson" <detomps@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, September 22, 2001 4:24 AM
Subject: Re: [RT] Link to S&P 500 Index Support Chart
> Well Brian,
> Where you figure to put in your stop? You got any ideas how to figure
> failure of the parabolic? Got any patterns that you thought were gonna
find
> the support and
> took a dump one way or the other..
> what does the how now Fat Dow, Parabolic look?
>
> don
> ----- Original Message -----
> From: "BL" <blee7@xxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, September 21, 2001 5:39 PM
> Subject: [RT] Link to S&P 500 Index Support Chart
>
>
> > See current S&P 500 Support Chart at
> > http://www.hitech-analytics.com/sp500_support_2.pdf. Today prices
closed
> on
> > this support curve. - Brian
> >
> >
> > Disclaimer: This message and linked chart do not represent investing
or
> > trading advice. Consult your professional financial advisor prior to
> > investing or trading.
> >
> >
> >
> > 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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