|
PureBytes Links
Trading Reference Links
|
You talk about symmetry and forget about translation.
"Dorothy K. Carter" wrote:
> I agree the next leg down ... there will be no place to hide... The DJIA
> will most probably be taken down harder than NAZ.... To get the real idea of
> where NDX is at take a look at monthly chart symmetry would suggest that
> if a rally ended Fri. with the sharp reversal as suspected, then that high
> would be equal to monthly high of 7/31/98 1485.97. As stated before...
> with US$ turning down it's the foreign sellers that we have to worry
> about.... The U.S. investors have shown resolute and won't capitulate until
> Sept. lows are taken out most probably....... Have a great week
> trading............ Dorothy
> ----- Original Message -----
> From: "Rakesh Sahgal" <r_sahgal@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, October 28, 2001 1:00 PM
> Subject: Re: [RT] Case for the bulls-Maybe there is a case for both the
> bulls and the bears?
>
> > Am attaching two charts using Clyde's adaptive stoch indicator on the
> D/W/M
> > time frames. Seems that the tech bust is almost finished and as Earl had
> > suggested a while back the "REAL" economy stocks in the DJI are the ones
> in
> > serious trouble now.
> >
> > Rakesh
> >
> > At 09:34 AM 10/28/01 -0800, you wrote:
> > >Hi All,
> > >
> > >IMHO, speaking only to the NDX, the bears are quietly, slowly
> > >being squeezed hard. Unless some serious exogenous (external)
> > >event occurs they seem about to have their heads handed to
> > >them. Anthrax news has not been even nearly strong enough to
> > >stop this. 5 min NASDAQ adv/decl volume bars have been clearly
> > >bullish for a couple weeks. Additional support comes from the
> > >bears quietly changing their retest the lows in October
> > >prognostications to retest the lows in November/December. I'm not
> > >saying the long term downtrend has changed, nothing's different,
> > >bearishness seems justified.
> > >
> > >But, unless I had a solidly profitable short position or just
> > >went short in the last few days with a close stop, I would be
> > >losing sleep now.
> > >
> > >Maybe I'm wrong. This market has shown the absolute minimum of
> > >bullishness possible every step of the way this year. But that's
> > >the beauty of day trading NDX futures. It means never having to
> > >care which way the market goes so long as it moves 8-).
> > >
> > >regards,
> > >
> > >tbr
> > >
> > >_________________________________________________________
> > >Do You Yahoo!?
> > >Get your free @yahoo.com address at http://mail.yahoo.com
> > >
> > >
> > >
> > >To unsubscribe from this group, send an email to:
> > >realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
> > >Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
> >
> >
> >
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Protect your servers with 128-bit SSL encryption! Grab your copy of VeriSign's FREE guide: "Securing Your Website for business" Get it Now!
http://us.click.yahoo.com/M.WTOC/m1FDAA/cosFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|