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I support that
but use a 3 point stop loss as the guys in the pit break it to scare you
and then take her up
Ben
----- Original Message -----
From: "Don Thompson" <detomps@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, March 13, 2002 12:09 AM
Subject: Re: [RT] Mkt - SP
> Don't forget that the Pivot is also a 50% retracement of the late
afternoon
> short covering rally swing.
> Nice place to enter a long.
>
> Don Thompson
> ----- Original Message -----
> From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, March 12, 2002 11:31 PM
> Subject: [RT] Mkt - SP
>
>
> > Here is something for consideration for Wednesday's open. If the
futures
> > stay above YUVA(yesterday's upper value area)1165.5 overnight, then
first
> > expect a test of support at YUVA. If that holds(vague statement, i
know)
> > then expect a rally and test of R1, R2, R3. If YUVA fails then expect
> YMVA
> > to be tested(YMVA=yesterday's mid value area). If that fails, then
expect
> a
> > test of S1 or YLVA(you know what that is now). If those fail then
expect
> > test of S2, and S3.
> >
> > bobr
> >
> > ----- Original Message -----
> > From: "profitok" <profitok@xxxxxxxxxxxxx>
> > To: <gannsghost@xxxxxxxxxxxxxxx>
> > Cc: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, March 12, 2002 8:23 PM
> > Subject: Re: [gannsghost] Re: [RT] sp500/nasdaq
> >
> >
> > > look at the last 5 days
> > > # of stocks making new high decrease while the sp500 kept making
> > higher
> > > high
> > > does that clears the point
> > > just a bearish divergence
> > > nice day
> > > Ben
> > >
> > > ----- Original Message -----
> > > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Cc: <gannsghost@xxxxxxxxxxxxxxx>
> > > Sent: Tuesday, March 12, 2002 8:41 AM
> > > Subject: [gannsghost] Re: [RT] sp500/nasdaq
> > >
> > >
> > > > Attached find daily new highs and lows for the NASDAQ and NYSE
(daily
> > and
> > > > weekly). Perhaps I did not correctly interpret your statement but it
> > looks
> > > > to me like the new highs have expanded quite nicely over this rally
> > while
> > > > new lows have declined?
> > > >
> > > > Earl
> > > >
> > > > ----- Original Message -----
> > > > From: "profitok" <profitok@xxxxxxxxxxxxx>
> > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > Cc: <gannsghost@xxxxxxxxxxxxxxx>
> > > > Sent: Monday, March 11, 2002 8:04 PM
> > > > Subject: [RT] sp500/nasdaq
> > > >
> > > >
> > > > > Hello and nice evening to all
> > > > > I have a bearish outlook for at least until 3/15-3/18
> > > > > reasons
> > > > > a the 5 and the 10 day trin are at a 34 day low
> > > > > b: with the sp making a higher high almost daily we STILL do
NOT
> > > have
> > > > increasing new yearly new highs,,
> > > > > c: p/c very bearish (lowest in 34 days)
> > > > >
> > > > > just wondering also where the score for BOTH NASDAQ and sp500
> stand?
> > > > > good trading
> > > > > Ben
> > > > > p.s
> > > > > I still see 1212 sp cash by 4/1-4/3/02
> > > > >
> > > >
> > > >
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> > >
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>
>
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