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Comments interspersed below.
Earl
----- Original Message -----
From: "Dorothy K. Carter" <dorothy.carter@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, October 29, 2001 7:42 AM
Subject: Re: [RT] Case for the bulls-Maybe there is a case for both the
bulls and the bears?
According to my data, high for w/e 26Oct01 (1487.40) _exceeded_ (not missed)
the w/e 24Jul98 high (1485.97) by 1.5+- points ... data points confirmed by
two different sources.
> NDX missed Oct 98 low by 20 points and Friday's high missed high July 31
98
> high by 2 points... close enough..........
You might start worrying about your bond target of 100 8/32. Since none of
us have a perfect crystal ball, let's just stick to commentary on what we
see and why we see it ...
> Earl.. if you ever agree with me I'll worry! :-)
> ----- Original Message -----
> From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, October 29, 2001 9:31 AM
> Subject: Re: [RT] Case for the bulls-Maybe there is a case for both the
> bulls and the bears?
>
>
> > Symmetry on the NDX has, so far, failed to confirm the downside and has
> now
> > confirmed the failure. Note that the weekly 21Sep low failed to reach
the
> > 9Oct98 low of 1063.28 (initial failure) and has now exceeded the 24Jul98
> > pivot high of 1485.97 (confirmation of failure). While in no way an
> > indication that the long term bear market is over, it is an indication
> that
> > something appears to be changing in the intermediate term.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "Dorothy K. Carter" <dorothy.carter@xxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Sunday, October 28, 2001 11:27 AM
> > Subject: Re: [RT] Case for the bulls-Maybe there is a case for both the
> > bulls and the bears?
> >
> >
> > > 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...
> >
> >
> > 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:
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>
>
>
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>
>
>
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