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Lee,
I would watch the 6/4 ma channels as a clue (no sell signals yet)? The PTI
also is still falling, now to 29 (on the 60min). Note the second ellipse has
not locked yet either so higher is certainly possible as Ben just mentioned,
but for now the 50% has been met. Remember we have employment tomorrow
everyone.
don ewers
----- Original Message -----
From: "Lee Morris" <LMorris@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, October 03, 2001 11:17 AM
Subject: RE: [RT] SPZ short term target given
> don and dorothy look like you nailed it, now the big question - is this
> still a countertrend - do we retest the lows or are we off to the
races????
> -----Original Message-----
> From: Dorothy Carter [mailto:dorothy.carter@xxxxxxxx]
> Sent: Wednesday, October 03, 2001 12:10 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] SPZ short term target given
>
>
> I got the upside target the other day and did not believe it.. 1067.25
> ----- Original Message -----
> From: profitok
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, October 03, 2001 12:04 PM
> Subject: Re: [RT] SPZ short term target given
>
>
> looks like I left a LOT of money on the table today
> Ben
> ----- Original Message -----
> From: Don Thompson
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, October 03, 2001 10:56 AM
> Subject: Re: [RT] SPZ short term target given
>
>
> The Up close target is about 1070 and if its going to be a down
close
> then about 1060.
> 85% Odds are very good odds, Also I remind my self a higher high is
> defined as just a tick.
>
> The specialist problem is good to know about.
>
> Don
> ----- Original Message -----
> From: Dorothy Carter
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, October 03, 2001 10:40 AM
> Subject: Re: [RT] SPZ short term target given
>
>
> One thing to keep in mind is that the specialists/marketmakers are
> the true insiders as stocks get back into gaps and ranges of 9-17 ...of
> where they were forced to buy on way down they will unload those
> positions..... which is why if long one would want to keep close stops.
> define higher how much higher??? 85% is pretty good odds to what upside
> target???
> ----- Original Message -----
> From: Don Thompson
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, October 03, 2001 10:33 AM
> Subject: Re: [RT] SPZ short term target given
>
>
> Dorothy,
>
> I have 85% odds of a higher high in S&P500, but... a 40% chance
of
> a higher close..
> A down closer target is about 1060 on average.. Both Ben and
> yourself are looking for
> less of a high.. interesting.
>
> Don
> ----- Original Message -----
> From: Dorothy Carter
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, October 03, 2001 10:16 AM
> Subject: Fw: [RT] SPZ short term target given
>
>
> Even though they just gunned and technically cxld downside
> target if mkt reverses and takes out today's low the odds are still that
> target will be met.. just watch to see
> ----- Original Message -----
> From: Dorothy K. Carter
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, October 03, 2001 9:57 AM
> Subject: [RT] SPZ short term target given
>
>
> 1024.25 as long as 1053.25 is not touched
>
>
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